Word: japanization
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Dates: during 1990-1999
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...Latin America. Yet the tiniest perturbation could send the whole economy tumbling, and there are perturbations all over the place. Brazil is just hanging on, which means so is the rest of Latin America. Europe, which suffers from high unemployment, is slowing. And Asia's comeback is predicated on Japan's getting its troubled economy into gear...
Toyota recently introduced its first hybrid car, the Prius, in Japan. It runs on both gasoline combustion and an electric battery, and can attain about double the gas mileage of an ordinary auto. General Motors recently finished its first good electric car, the EV1, although it requires frequent recharging due to its limited range. DaimlerChrysler, taking advantage of research of both its German and American branches, leads the way in developing fuel cell engines--engines which use hydrogen gas as fuel and could produce little more than water as waste. These projects, although showing far more promise than ever before...
Under an hour later, Henry Ford II Professor of the Social Sciences Ezra F. Vogel explains to incoming students that Foreign Cultures 26, "Industrial East Asia" will examine the political and economic transformation of the Four Tigers of Japan, South Korea, Hong Kong and Singapore. He adds that his course is excellent preparation for aspiring investment bankers trying to make it in the Pacific Rim. Hundreds of economics and applied math concentrators mob him after lecture, pledging their intention to enroll...
...Gore weighed in on the world financial crisis today with a plea to Japan to restructure its financial system and open up to free trade. "America cannot be the importer of only resort," the vice president said. "Please, we need your help to deal with this global economic crisis...
...Sparky" Watts (Michael Hayden), a Navy lieutenant stationed in Japan in 1954, has a poop deck full of problems. He's trying to hide a Japanese girlfriend from his stuffy family back home. His roommate is being blackmailed into passing military secrets. The tart wife of his commanding officer is putting moves on him. Gurney, the prolific chronicler of Wasp life (The Dining Room, Love Letters), seems a bit out of his depth in this plotty drama, which raises (but doesn't grapple with) issues ranging from homosexuality in the military to the origins of Vietnam. But the compact grace...