Word: keio
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While the U.S. and Europe are concentrating on using RFID in logistics, Jun Murai, head of Japan's Auto-ID center at Keio University, says gadget-crazy Asians in Japan, South Korea, Singapore and Hong Kong are more likely to want household items with RFID chips that can communicate with a home network. The Chinese are more pragmatic. Shanghai and 44 other cities already use an RFID payment system for public transportation. In Singapore's library system, all 9 million books, videos and DVDs are embedded with antitheft chips, allowing self-checkout. "With bar codes, you need to precisely align...
...With all the bad news coming out of the banks and with Takenaka's surprisingly persistent cleanup efforts, many observers believe nationalization is a foregone conclusion for the weakest banks. "I don't see any way out," says Mitsuhiro Fukao, a professor of economics at Keio University, Tokyo, and reportedly a candidate to become governor of the Bank of Japan in March. Says Takatoshi Ito, a former Finance Ministry official and fellow contender for the Bank of Japan job: "This has been going on for some time, but the momentum for crisis is building." A turning point in Japan...
...poor consumer satisfaction that Japanese citizens encounter every day has spurred a never-ending cycle of depressed demand and low growth. "The quality of life in Japan is eroding and low domestic productivity is a primary reason why," says Haruo Shimada, a professor of economics at Tokyo's Keio University and a special advisor to the Cabinet Office. Japan's domestic economy has become the millstone around the nation's neck, slowly pulling it to the bottom of the pool...
...domestic industries, Japan pursued consistently protectionist, anti-competitive policies, with the intention of keeping as many companies afloat as possible. "Ten percent of the country was allowed to be capitalist, and the other 90% was socialist," says Eisuke Sakakibara, director of the Global Security Research Center at Keio University and a former vice minister of finance. He's not really joking. Antitrust laws were virtually nonexistent, cartels flourished and high tariffs pushed away foreign entrants...
...professor of economics at Keio University, Takenaka had been a longtime critic of the Japanese financial system and a vocal agitator for bank reform. In his new position, he quickly assembled an 11-member task force to formulate a rescue plan for the banks, whose inability to allocate capital to investment-worthy projects has hobbled the economy. Takenaka's outsider ways soon alienated the establishment. Critics charged that he was too secretive and too radical, that he sought American-style economic solutions to uniquely Japanese problems?or worse, that he was part of a devious American plot to buy Japanese...