Celia Hatton, Sarah, Sarah Parsons discussed on BBC Newsday

Automatic TRANSCRIPT

News with more Alderson President Biden is to visit the three sites where Islamist militants attacked the U. S. On September the 11th 20 years ago, nearly 3000 people who died at New York's twin Towers, the Pentagon in Washington and Shanksville in Pennsylvania. In his anniversary message, Mr Biden said, America's greatest strength was unity. The U. N Secretary General Antonio Guterres has urged donors to find a way to continue supporting Afghanistan. Despite the Taliban takeover. Many are now withholding funds, but Mr Qatada's warned of the country's possible decline into economic meltdown. Pakistan's national carrier. PIA will resume flights from Islamabad to Kabul from Monday is the first foreign airline to restart a full scheduled commercial service since the Taliban seized power. The head of Afghanistan's cricket board says the national women's team may still be allowed to play cricket and plans are being worked on. His comments came after the Taliban restated its stance against women taking part in sports. Australia's threatened to cancel amends test match between the two countries if Afghan women are excluded. Israel says it's captured four of the six Palestinian militants who escaped from prison earlier this week. Violent protests erupted in the occupied West Bank on Friday night after Israeli police arrested the first two. Indonesia says it's sending a deal with Norway in which it pledged to reduce greenhouse gas emissions in exchange for money. Jakarta says it hasn't had the agreed payments from Oslo. Norway's climate initiative insists discussions are ongoing. Search and rescue work is continuing on Pantelleria, the southern Italian island where a tornado killed two people and injured at least nine on Friday, buildings were destroyed, and cars lifted into the air transfers to mainland hospitals have now begun. BBC news. You're listening to the real story from the BBC World Service with me, Celia Hatton this week. We're looking at the challenges and opportunities facing Japan. I'm joined on the line by Seijiro Takeshita. He's a professor in the School of Management and information at the University of Shizuoka in Japan. Sarah Parsons, who runs the business consultancy East West Interface. And is a senior teaching fellow at so as the University of London police Cano, a professor of political science and the faculty of liberal arts at Sophia University in Tokyo. And by Roland Kelt. He's a Tokyo based writer, journalist and scholar and author of the Book Japan America, which explores Japan's pop culture clout. Well. Earlier, we discussed the political and social changes underway in the country. I want to take a closer look at Japan's economy. It's the third largest in the world after the US and China. Japan has a lot going for it a well educated workforce, superior infrastructure and dominant positions in several key global sectors, from cars to electronic. All this And yet economists still refer to Japan's lost decades, the period of economic gloom that's largely stretched from its real estate and stock market collapse in 1991. Through to now. Seijiro Takeshita. So the question is What's keeping the Japanese economy in the doldrums? If not exactly in the doldrums. Why isn't it doing better? Actually, I don't think it is indulge. Um, I think people are expecting the same type of growth that we had in the eighties, which is not the case because Japan is a mature economy are protected GPS well over $40,000 meeting that we have joined the team of mature economy. And if you look at, for example, the progress and things like, you know, process innovation, not necessary product side, but process innovation, which is basically innovating the product to a better uses for, you know, general public. Japan still has a very, very strong edge. Look around you, for example, I mean, the fact of the matter is is that you pass competitiveness have not weighing down. It's a different type of growth. It's a different type of strength that Japan is starting to reveal. And as we've been discussing, for example, you look at the demographics to Japan, which suggests certainly that we're not going to be growth prone, but much more looking at the quality side, the type of growth That we should be looking at me. Would you agree with that sentiment? How much has Japan's economy diversified since the eighties if at all? Right, Right. I agree in the sense that you know, I mean, the idea that we can relive the shore error in the 19 eighties on the bubble economy or the fast growth period before that, for much of the 19 sixties and beyond, is unrealistic. But at the same time, I also Get a sense that there are a lot of people who feel that Japan is underperforming, in part because of the contrast with the fastest growing economies among got neighbors. Asian neighbours China, obviously, but also South Korea or Singapore and Japan seems to be sort of fading in the background, In contrast in terms of perception The other thing is, I think it's also to do with the growing gap or, you know more than the growing gap. But I guess the fact of the matter is that Japan is no longer the military in society. The younger generation of people are feeling that kind of growth of their parents experienced and all forthcoming. Sarah also mentioned earlier the poverty that is getting worse among the women child poverty. E. Japan is among the worst in the country's single parent household, obviously and so I guess there is this sense that Japan used to be a more one nation, but it no longer is and the government is not coming up with the policies that sufficiently go against that sense of unfairness that is perhaps increasingly pervading the society. So what modernizations are needed in Japan's economy, Roland cults. I wonder if we can focus On the facts machine for a moment and Japan's love affair with the fax machine When a Cabinet task force asked Japan's government bureaucracy to explain that continued dependence on the fax machine, 400 departments submitted spirited arguments in favor of its continued use. Why does Japan love the fax machine? Is this a good example to illustrate this lack of innovation in the economy? Well again. That's a complicated question, because on the one hand yes, obviously, a fax machine is very low tech. It's dated, Um it's dealing with paper and print and things that we've all moved on from. On the other hand. There is an argument in Japan and then one. I respect very much about concern for privacy. And if you have something on paper and you fax it, you have more security. And that is, I think a key point because it's also one of the reasons people ask me this a lot. Why E money. Electronic money has not so far taken off in Japan, and why so many people in my neighborhood in Tokyo pay for everything in cash myself included. And part of that is because Japanese people just don't want to be traced. They don't want to have their every expenditure recorded in a database. And I do respect that. So I think it's not exclusively low tech failings in Japan, but I would say to the one of those points that the domestically the Japanese Economy in many respects has shown great sustainability. I mean, just before the pandemic, the unemployment rate was, I think the lowest expense since 1974 the crime rate is extremely low. You don't have the kind of gun violence street crime that you have in the United States, for example. Incredibly efficient public services, Whether it's.

Coming up next