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Japan's market economy model shapes the relationship between government and business. There is debate among scholars on how to classify Japan's market economy and welfare state model. [1] Some argue that the focuses of Japan's government, businesses, and laborers are solely oriented towards increasing economic productivity. [2]
The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. [24] It is the fourth-largest economy in the world by nominal GDP behind the United States, China, and Germany, and the fifth-largest by purchasing power parity (PPP), below India and Russia but ahead of Germany. [25]
The Ministry's predecessor, the Ministry of International Trade and Industry, was in operation from 25 May 1949 to 5 January 2001.However, due to the reorganisation of central government ministries and agencies on 6 January 2001, the Ministry of Economy, Trade and Industry was established by reorganising and renaming the Ministry of International Trade and Industry.
The Ministries of Japan (中央省庁, Chūō shōchō, Central ministries and agencies) or Government Agencies of Japan (行政機関, Gyōsei kikan, Public administration organizations) are the most influential part of the executive branch of the Government of Japan. Each ministry is headed by a Minister of State appointed by the Prime Minister.
The surplus reached a record US$18.2 billion in 1978, promoting considerable tension between the United States and Japan. In 1979 petroleum prices jumped again, and Japan's trade balance again turned to deficit, reaching US$10.7 billion in 1980. Once again, rapid export growth and stagnant imports returned Japan quickly to surplus by 1981.
The Ministry of Foreign Affairs (外務省, Gaimu-shō) is an executive department of the Government of Japan, and is responsible for the country's foreign policy and international relations. The ministry was established by the second term of the third article of the National Government Organization Act, [ 1 ] and the Ministry of Foreign ...
The first American consulate in Japan was opened at the temple of Gyokusen-ji, Shimoda, Shizuoka under Consul General Townsend Harris.Gyokusen-ji is also the location of a small number of foreign graves dating from as early as 1854 marking the final resting place of U.S. forces personnel that died while serving as part of Commodore Matthew Perry's 'Black Ship' fleet.
Director, International Business Studies, Temple University, Japan Campus Governor—Tokyo: Megumi Tsukamoto: Executive Director, Caterpillar Japan, LLC Governor—Kansai: Simone Thomsen: President and Representative Director, Eli Lilly Japan K.K. Governor—Chubu: Mark Hosang: Sr. Manager Enterprise Services & Security, IT Division, Randstad Japan