The death of civility

Article Abstract:

Increased economic competition and corporate restructuring have brought rising unemployment to Japanese workers. The ensuing humiliation and insecurity is unfamiliar to employees who have lived for decades with the sense that corporations are similar to families and lifelong job security is almost a guarantee. Displaced workers have become victims of alcoholism and suicide and domestic violence has increased. 1999 predictions indicate jobs will continue to be cut in both the private and public sectors.

Author: Wehrfritz, George, Itoi, Kay
Japan, Employment, Unemployment, Employee dismissals, Employment terminations, Employment at will

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Cars as toys

Article Abstract:

Mini cars in Japan are attracting much attention from those who prefer affordable vehicles to collect, customize, or race. Early estimates suggest that almost 3,000 amateurs race these cars and they regarded them more as toys for fun than cars. Japanese fanatics have also began establishing clubs to promote and get advise about their mini-cars.

Author: Wehrfritz, George, Takayama, Hideko
Popular culture, Automobile racing, Mini automobiles, Minicars

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Thou shalt buy stocks

Article Abstract:

The efforts of the Japanese government to help the failing Japanese economy in March 2001 with a "Japan Rebirth PLan" are described, with focus on the ineffectiveness of the strategy of supporting stock prices.

Author: Wehrfritz, George, Takayama, Hideko, Itoi, Kay
Prices and rates, Stocks, Economic policy, Stock prices, Nikkei 225 Index

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Subjects list: Social aspects, Japan
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