Word: japanization
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Here in Tokyo, the threats and lectures are getting stale. Japan's leaders bristle at suggestions that they are still wallowing in a gigantic pool of bad bank loans and stagnant economic numbers. They point to a plethora of rescue plans and billions of dollars earmarked to jolt the economy awake. Granted, nothing seems to have worked yet. But the U.S. intervention to bolster the value of the yen last month and a stream of editorials decrying Japan's lack of resolve have spurred Tokyo to further action. Just last week, Prime Minister Ryutaro Hashimoto announced the establishment...
...embracing China and its future so publicly, Clinton sent shudders through other countries in the region. Japan was worried, Taiwan was dismayed and India was furious. Nor was Clinton's audience of critics back home fully convinced. "There's no question he has given [Beijing] a public relations coup," says Representative Nancy Pelosi, a California Democrat. "How the regime responds will determine the ultimate success of the summit." The Chinese, says James Lilley, a former ambassador to Beijing, made Clinton look good, "and they made Jiang Zemin look as though he could handle the Americans...
...streaked home to Washington last week, Air Force One cast a long, lonely shadow over Japan. Yet its presidential passengers managed nary a wave. In fact, Japan was about the only country that was not graced by an encouraging word from Bill Clinton or his top aides as they wrapped up their China extravaganza. Instead, while Beijing's mistakes are all but forgiven these days, Tokyo is regarded as the regional deadbeat. Treasury Secretary Robert Rubin, who pronounced China "an island of stability" in Asia's economic crisis, reminded people in Malaysia, Thailand and South Korea that he was "deeply...
...Japanese have announced all these plans, is their economy still dead in the water? The truth is that the sheer depth of Japan's crisis is beyond a simple menu of decisive action. Although some Tokyo policymakers may recognize that, much of the country is in denial. That's understandable, since the Japanese still enjoy one of the world's highest per-capita incomes. Moreover, this is an economy that since the 1980s has been heralded as a global model of success. This is the very system that allowed Japan to climb to greatness out of the ruins of World...
...actually "used the words 'permanent tax cuts,'" said Deputy Chief Cabinet Minister Teijiro Furukawa, and Obuchi "didn't make a public promise." That rug-pulling sent both the yen and the Nikkei index tumbling in Monday's trading and left the rest of the world wondering whether any of Japan's promises to anxious U.S. officials over the past few months have been worth anything at all. It certainly doesn't look that...