The Japanese Market Outlook: Missing Links and Future Prospects

doi:10.4236/oalib.1113824

OALib Journal期刊
ISSN: 2333-9721
费用：99美元

查看量	下载量

Open Access Library Journal 12 2025

查看所有领域

The Japanese Market Outlook: Missing Links and Future Prospects

DOI: 10.4236/oalib.1113824, PP. 1-19

Ita Ibok, Astrid Okello

Subject Areas: Monetary Economics, Managerial Economics

Keywords: Japan Market Outlook, Japan Economic Challenges, Japan Strategic Interventions in Africa, Japan’s GDP and Technological Capabilities, Japan’s Population Decline, Japan’s Official Development Assistance (ODA)

Full-Text Cite this paper Add to My Lib

Abstract

This study examines Japan’s market outlook, challenges, and strategic interventions for the sustainable thriving of the market. A review presents Japan as one of the global critical economic players, with high GDP, technological capabilities, an effective workforce, and other crucial comparative advantages. Japan recently experienced population decline, stagnant growth, and other economic phenomena that affected its business landscape and economic performance. Furthermore, this study examines specific gaps, referred to as missing links, focusing on Japan’s global image and status as a global citizen or a closed economy. The analysis reveals that although Japan made significant investments in development-focused initiatives such as Official Development Assistance (ODA), it still appears closed. Based on these findings, this study recommends, among other strategic recommendations, that Japan should consider effective collaboration, integration, and engagement for market and investment sustainability.

Cite this paper

Ibok, I. and Okello, A. (2025). The Japanese Market Outlook: Missing Links and Future Prospects. Open Access Library Journal, 12, e13824. doi: http://dx.doi.org/10.4236/oalib.1113824.

References

[1]	Sudo, S. (1989) Japan’s Role in the Context of the Emerging Asia-Pacific World. Southeast Asian Affairs, 51-65.
[2]	Holroyd, C. (2018) Green Japan: Environmental Technologies, Innovation Policy, and the Pursuit of Green Growth. University of Toronto Press.
[3]	Kawasaki, K. (2004) The Impact of Japanese Economic Cooperation on Asian Economic Development. Review of Urban & Regional Development Studies, 16, 14-32. https://doi.org/10.1111/j.1467-940x.2004.00078.x
[4]	Raffo, J.D., Wunsch-Vincent, S. and Keisner, A. (2016) Robotics: Breakthrough Technologies, Innovation, Intellectual Property. Foresight-Russia, 10, 7-27.
[5]	Coulmas, F. (2007) Popula-tion Decline and Ageing in Japan—The Social Consequences. Routledge. https://doi.org/10.4324/9780203962022
[6]	Stewart, D.L. (2011) Multicultural Student Services on Campus: Building Bridges, Revisioning Community. Routledge.
[7]	Lee, S.M. and Peterson, S.J. (2000) Culture, Entrepreneurial Orientation, and Global Competitiveness. Journal of World Business, 35, 401-416. https://doi.org/10.1016/s1090-9516(00)00045-6
[8]	Lincoln, J.R. and Kalleberg, A.L. (1992) Culture, Control and Commitment: A Study of Work Organization and Work Attitudes in the United States and Japan. Cambridge University Press Archive.
[9]	Magnus, G. (2012) The Age of Aging: How Demographics Are Changing the Global Economy and Our World. John Wiley & Sons.
[10]	Hogen, Y., Ito, Y., Kanai, K. and Kishi, N. (2024) Changes in the Global Economic Land-Scape and Issues for Japan Economy. Bank of Japan.
[11]	Flath, D. (2022) The Japanese Economy. Oxford University Press.
[12]	Nwude, E.C., Ugwoke, R.O., Uruakpa, P.C., Ugwuegbe, U.S. and Nwonye, N.G. (2020) Official Development As-sistance, Income per Capita and Health Outcomes in Developing Countries: Is Africa Different? Cogent Economics & Finance, 8, Article ID: 1774970. https://doi.org/10.1080/23322039.2020.1774970
[13]	United Nations (2023) United Nations Peacekeeping.
[14]	Doenecke, J.D. and Wilz, J.E. (2015) From Isolation to War. Wiley. https://doi.org/10.1002/9781394261451
[15]	Conrad, S. (2003) The Opened and the Closed Country: Conflicting Views of Japan’s Position in the World. In: Stuchtey, B. and Fuchs, E., Eds., Writing World History 1800-2000, Oxford University Press, 327-351.
[16]	Green, M.J.S. (2001) Japan’s Reluctant Realism: Foreign Policy Challenges in an Era of Uncertain Power. Springer.
[17]	Hashimoto, K. (2013) ‘English-Only’, but Not a Medium-Of-Instruction Policy: The Japanese Way of Internationalising Education for Both Domestic and Overseas Students. Current Issues in Language Planning, 14, 16-33. https://doi.org/10.1080/14664208.2013.789956
[18]	EF EPI (2023) EF English Proficiency Index. EF Global Site (Eng-lish).
[19]	Eppler, M. (2006) Managing Information Quality: Increasing the Value of Information in Knowledge-Intensive Products and Processes. Springer Science & Business Media.
[20]	Bonsu, S. and Kuofie, M. (2019) Small Business Survival. Journal of Marketing & Management, 10.
[21]	OECD (2023) Real GDP Long-Term Forecast (Indicator). OECD.
[22]	Sakakibara, M. and Porter, M.E. (2001) Competing at Home to Win Abroad: Evidence from Japanese Industry. Review of Economics and Statistics, 83, 310-322. https://doi.org/10.1162/00346530151143842
[23]	Murphy, R.T. (2000) Japan’s Economic Crisis. New Left Review, 1, 25.
[24]	Hatvany, N. and Pucik, V. (1981) Japanese Management Practices and Productivity. Organizational Dynamics, 9, 5-21. https://doi.org/10.1016/0090-2616(81)90022-x
[25]	Itami, H. (2013) The Globalization of Japanese Firms. In: Japanese Multinationals (RLE International Business), Routledge, 31-40.
[26]	OECD (2023)Development Co Operation Profiles: Ja-pan. OECS.
[27]	World Bank Open Data (2023) World Bank Open.
[28]	(2023) World Bank Open Data.
[29]	OECD (2023) ODA Levels in 2022—Preliminary Data. OECD Paris.
[30]	United Nations (2023) Peacekeeping.
[31]	Fujiyama, H. (2002) Evolution of Cooperation in a Situation with a Risk: A Closed Society versus an Open Society. In: Jin, Q., Li, J., Zhang, N., Cheng, J., Yu, C. and Noguchi, S., Eds., Enabling Society with Information Technology, Springer, 224-233. https://doi.org/10.1007/978-4-431-66979-1_22
[32]	Schlesinger, J.M. (1999) Shadow Shoguns: The Rise and Fall of Japan’s Postwar Political Machine. Stanford University Press.
[33]	Feasel, E. (2014) Japan’s Aid: Lessons for Economic Growth, Development and Political Economy. Routledge.
[34]	Norman, E.H. (2000) Japan’s Emergence as a Modern State: Political and Economic Problems of the Meiji Period. UBC Press.
[35]	Ross, C. (2012) The Past Is the Present; It’s the Future Too. Bloomsbury Publishing.
[36]	Hellyer, R. (2024) Foreign Trade in Tokugawa Japan. In: Oxford Research Encyclopedia of Asian History.
[37]	Lehmann, J.P. (2014) The Image of Japan: From Feudal Isolation to World Power 1850-1905. Routledge.
[38]	Kaplan, E.J. (1972) Japan: The Government-Business Relationship: A Guide for the American Businessman. US Bureau of International Commerce.
[39]	Burns, R.J. (2002) Education and Social Change: A Proactive or Reactive Role? International Review of Education, 48, 21-45. https://doi.org/10.1023/a:1015654311613
[40]	Nnabuo, P.O.M. and Aso-dike, J.D. (2012) Exploring Education as a Tool for Sustainable Development in Nigeria. European Scientific Journal, 8, 1-11.
[41]	Cogburn, D.L. (1998) Globalization, Knowledge, Education and Training in the Information Age. International Forum on Information and Documentation, 23, 23-29.
[42]	International College of Liberal Arts (iCLA) (2023) Why Study in Japan? Here Are Our Top 10 Reasons.
[43]	Paolicelli (2023) Students’ Well-Being and Educational Achievement: A Mul-tidimensional Approach Based on PISA 2022 Data.
[44]	OECD PISA 2022 Results (2023) The State of Learning and Equity in Education. OECD Publishing.
[45]	Yoda, T. and Harootunian, H. (2006) Japan after Japan: Social and Cultural Life from the Recessionary 1990s to the Present. Duke University Press.
[46]	Chumakov, A.N. (2012) Globalization and Cosmopoli-tanism in the Context of Modernity. Journal of Philosophical Research, 37, 229-237. https://doi.org/10.5840/jpr201237supplement40
[47]	Kobayashi, V.N. (1984) Tradition, Modernization, Education. The Journal of Ethnic Studies, 12, 95.
[48]	Selmier, W.T. and Oh, C.H. (2012) International Business Complexity and the In-ternationalization of Languages. Business Horizons, 55, 189-200. https://doi.org/10.1016/j.bushor.2011.11.006
[49]	Sanzo-Perez, M.J., álvarez-González, L.I. and Rey-García, M. (2015) How to Encourage Social Innovations: A Resource-Based Approach. The Service Industries Journal, 35, 430-447. https://doi.org/10.1080/02642069.2015.1015517
[50]	Patterson, R. (2002) Information Design: An Introduction. John Benjamins Publishing.
[51]	Fung, B. (2014) The Demand and Need for Transparency and Disclosure in Corporate Gov-ernance. Universal Journal of Management, 2, 72-80. https://doi.org/10.13189/ujm.2014.020203
[52]	Karan, P.P. (2010) Japan in the 21st Century: Environment, Economy, and Society. The University Press of Kentucky. https://doi.org/10.2307/j.ctt2jchpm
[53]	Brown, P.C. (2007) Unification, Consolidation, and Tokugawa Rule. In: Tsutsui, W.M., Ed., A Companion to Japanese History, Blackwell Publishing Ltd, 67-85. https://doi.org/10.1002/9780470751398.ch5
[54]	Ministry of Internal Affairs and Communications Japan (2022) Global Promotion Action Plan 2025. Ministry of Internal Affairs and Communications Japan.
[55]	Katz, R. (2015) Japan, the Sys-tem That Soured. Routledge.
[56]	Quintal, V.A., Lee, J.A. and Soutar, G.N. (2010) Tourists’ Information Search: The Differ-ential Impact of Risk and Uncertainty Avoidance. International Journal of Tourism Research, 12, 321-333. https://doi.org/10.1002/jtr.753
[57]	OECD (2013) Tourism Flows (Indicator).
[58]	Seifert, B. and Gonenc, H. (2008) The International Evidence on the Pecking Order Hypothesis. Journal of Multinational Financial Management, 18, 244-260. https://doi.org/10.1016/j.mulfin.2007.10.002
[59]	OECD (2023) Permanent Immigrant Inflows (Indica-tor).
[60]	Galtung, J. (1990) Cultural Violence. Journal of Peace Research, 27, 291-305. https://doi.org/10.1177/0022343390027003005
[61]	Kagaya, T. and Jinnai, T. (2016) How Does Corporate Governance Structure Affect Risk-Taking Activities in Japanese Firms. Hitotsubashi Journal of Commerce and Management, 50, 1-22.
[62]	Koulopoulos, T.M. and Roloff, T. (2006) Smartsourcing: Driving Innovation and Growth through Outsourcing. Simon and Schuster.
[63]	WITS Data (2023) Index of Export Market Penetration by country in 1988-2022. Word Bank.
[64]	Davies, M.L. (2007) Historics: Why History Dominates Contemporary Society. Routledge.
[65]	Halperin, R.H. (1994) Cultural Economies Past and Present. University of Texas Press.
[66]	Mendl, W. (2002) Japan’s Asia Policy: Re-gional Security and Global Interests. Routledge.
[67]	Wakatabe, M. (2012) Turning Japanese? Lessons from Japan’s Lost Decade to the Current Crisis. Center on Japanese Economy and Business, 309.
[68]	Mataen, D. (2012) Africa—The Ulti-mate Frontier Market: A Guide to the Business and Investment Opportunities in Emerging Africa. Harriman House Lim-ited.
[69]	Ahlers, T., Kohli, H.S. and Sood, A. (2013) Africa 2050: Realizing the Continent’s Full Potential. Global Journal of Emerging Market Economies, 5, 153-213. https://doi.org/10.1177/0974910113505790
[70]	Tsunekawa, K. (2014) Objectives and Institutions for Japan’s Official Development Assistance (ODA): Evolution and Challenges. JICA-RI Working Paper, 66.
[71]	Ichii, S., Hattori, S. and Michael, D. (2012) How to Win in Emerging Markets: Lessons from Japan. Harvard Business School Publishing Corporation.
[72]	Kasai, M. (2007) Global Education in Practice: A Case Study of one Japanese High School. Master’s Thesis, The Ohio State University.

Full-Text

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133