Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Political Economy Background: Japan and Korea
In the period after the World War II, a large part of the world was restructured, especially the Pacific Asia (Borthwick, 1992). One of the most dramatic changes that took place in Asia was that several countries that had been colonized or semi-colonized emerged in the years following the War as independent, self-governing states, freed from colonial rule. In Southeast Asia, for example, between 1949 and 1959, Indonesia, Cambodia, Laos, Vietnam and Malaysia attained independence. Singapore gained the right to self-governance in 1949. However in this region, two countries managed not only self-governance but also diplomatic international relations. These two countries were Korea and Japan.
Though Japan had not only been physically destroyed by its enemies, but mentally and spiritually defeated by its surrender in the wake of the War, it managed to overcome this sense of defeat and started to build its way up. In the initial years after the war that is from 145 to 1952, it was subjected to the humiliating conditions of Occupation by the Allied Forces. For the first three years of Occupation, General MacArthur, as highest commander of the Occupation Forces had shut down all state financial institutions and corporations, with the exception of the Bank of Japan in order to make sure that all production of military material had ended. Factories were stripped...
It were the bitter memories of the period of Occupation, led by the U.S., that the Japanese later found hard to forget. Though Japan became a U.S. ally later on during the Cold War, it cannot be stated without doubt that Japan faced a favorable, international environment in the postwar period and that this favorable external context was the key reason that it was able to industrialize so quickly and successfully. This is because, especially in the first few years after the War, Japan was rolling in the ashes of defeat, which was worsened by MacArthur's rule. It was only when the Occupation ended and U.S. began to provide economic help, that Japan could step out of a strategically disadvantaged position. In fact, as with China, Japan-Southeast Asian relations had been marked by bitter memories of the war and by continued suspicion of an assertive Japan. It was only later in the late 50s and then 60s that Japan was viewed as a source of trade, investment and aid to the region. Once this happened, Japan started to improve its relations in the realm of international politics. In the 1950s and 1960s, Japan's policy in Southeast Asia revolved around economic diplomacy, where relations were low-key and focused more on economics than politics. From the late 1970s, however, with the Americans withdrawing from…
References
Borthwick, Mark. Pacific Century. The emergence of Modern Pacific Asia (Boulder, Westview Press, 1992).
Murphey, Rhoads. A History of Asia, 3rd edn.(New York, Longman, 2000).
Tarling, Nicholas. Nations and States in Southeast Asia (Cambridge, Cambridge University Press, 1998).
Trade The audience for this presentation is a group of managers from American companies. The objective is to sell more Korean televisions in the United States, because South Korea believes that it has a competitive advantage in television. The presentation will deliver some background information about South Korea and its trade with the U.S., assuming that the audience has a few functioning brain cells. Political Background The Korean peninsula was split in the
Japan and Korea Occupation How and why did the Allied occupations of Japan and Korea differ? Allied occupations of Japan and Korea date backs to year 1945 when World War II got ended. Both the occupations occurred as a consequence of victory of allies over the axis. The allied powers included the United States of America, United Kingdom, Soviet Union, France, and China whereas axis included Germany, Empire of Japan, and Italy
South Korea The Political, Social, and Economic Institutions in South Korea South Korea was considered to be one of the "Asian Tigers," but that designation of strength did not stop the country from experiencing serious problems in the past. These were financial, but they were also social and political. The country went through rapid changes, including a financial crisis, but before that crisis occurred there were other issues with which the country
This "crippled operations" not only in local businesses but in companies located in the most affected regions that supplied materials for manufacturing. In other words, Japan suffered from a shutdown of many companies that provided certain parts for cars and electronics. For example, the area that was slammed by the tsunami was a "supplier hub" where companies like Hitachi produced special parts -- including a "…$2 sensor that is
Cultural Analysis of Japan for Expansion of Postmates Before any business into a new market, it is essential the marketplace itself is considered. Postmates is looking to expand. This organisation is an on demand delivery service established within many areas of the United States, making more than 100 deliveries a month utilising the model of crowdsourcing most commonly associated with the. The mission of the organisation is to be "the on
Principal-Agent Model in Economics and Political Science The international political perspectives of free trade A Global Analysis International Trade Impact on Tunisia The Export of agricultural products International trade and development of Tunisia Balance in the Trade Regime Imports and exports of Tunisia Exports Imports Coping With External and Internal Pressures The Common External Tariff (CET) Safeguard Measures Anti-Dumping Duties (ADDs) and Countervailing Duties (CVDs) Rules of origin The New Commercial Policy Instrument Sector Based Aspects GATT/WTO's Main Principles Non-discriminatory trade Multilateral negotiation and free trade The Trading Policies