Word: japanism
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...effects of climate change but also extremely hard to protect. Most of Bangladesh sits on the giant alluvial delta created by the Ganges and Brahmaputra rivers, whose courses are constantly shifting, making it difficult to build up river banks to protect farmland. A World Bank project, backed by France, Japan and the U.S., would construct 8,000 km of dikes to control the rivers, but the $10 billion proposal has run into opposition from farmers whose land it would take. Massive Dutch-style dikes to hold back the sea - and future cyclone-induced waves - are probably even more unworkable...
When clustering does work, though, it's gold. Consider Yokkaichi, Japan, a city of 300,000 people that is the premier place to make NAND flash memory, which is used in cell phones and MP3 players. Sandisk, a Milpitas, Calif.-based company that designs, manufactures and sells memory cards, moved its manufacturing base there from Manassas, Virginia a few years ago, partly to be closer to Toshiba, a company it partners with. Yokkaichi already had the infrastructure for both manufacturing and for the large R&D outfit that goes along with making memory cards. "By having it all in close...
...Sandisk is building a new factory in Yokkaichi to produce 40% more wafers a month, which will significantly increase the $1 to $1.5 billion the?company already annually invests to keep its fabs on the cutting edge. And that leads to another major reason Sandisk is in Japan: the country's?advanced capital structure and low interest rates let the company borrow money cheaply. Clustering may work well, but other aspects of a country's competitiveness - like its macroeconomic fundamentals - still matter. "The bottom line," says the Economic Competitiveness Group's Hansen, "is you have to do everything right...
...JAPAN...
...with the role of Lucky in the first American production of “Waiting for Godot.” Epstein’s experience is an important asset for the production. “He is a living national treasure—this is a real designation in Japan. If we had that here, he’d be that,” Scanlan says. Acting in Beckett’s plays is sometimes likened to torture, and Epstein concedes that it is highly challenging. According to Epstein, the shorter pieces even tend to be more mysterious than...