Bow to the inevitable: Japan prepares to open its rice market
Article Abstract:
Japan's public officers are preparing political, economic and social measures to make rice import liberalization less difficult for the country. Rice liberalization is expected to be the result of an agreement in the GATT regarding agricultural products, which is expected to be approved in 1993. The agreement would require the removel and replacement with tariffication of import bans on agricultural commodities. Compensation for Japan's rice farmers, changes in laws to get around the Food Control Law and an overhaul of the rice distribution system are expected.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Out with the oldies: Japan's recession takes toll on 'lifetime' employment
Article Abstract:
Japan's recession is endangering the employment of older, white-collar, mid-level managers. Hard times are forcing 40 to 50 large companies to draw up plans for laying off white-collar workers whose jobs were once considered secure but are now seen as redundant. Four factors have brought about this change: rising personnel costs; the need render subsidiaries profitable; the cost-reductions obtainable from laying off unproductive older workers; and companies' realization that they have burdened themselves with too many layers of management.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Open spaces
Article Abstract:
Japan's real-estate slump is so severe that even the best-run developers have trouble showing a profit. Mitsui Real Estate faces its third straight year of large profit declines, with little relief in sight. Commercial leasing yields 30% of the company's revenue, and that market faces a large and increasing glut. Sub-leasing contracts that promise co-developers certain occupancy levels drain even more money. Residential properties, while better, are still weak.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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