Men's New Roles in a Gender Equal Society
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On the Internationalization of the Japanese Yen
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, NBER-EASE Volume 3 Volume Author/Editor: Takatoshi Ito and Anne Krueger, editors Volume Publisher: University of Chicago Press Volume ISBN: 0-226-38669-4 Volume URL: http://www.nber.org/books/ito_94-1 Conference Date: June 17-19, 1992 Publication Date: January 1994 Chapter Title: On the Internationalization of the Japanese Yen Chapter Author: Hiroo Taguchi Chapter URL: http://www.nber.org/chapters/c8538 Chapter pages in book: (p. 335 - 357) 13 On the Internationalization of the Japanese Yen Hiroo Taguchi The internationalization of the yen is a widely discussed topic, among not only economists but also journalists and even politicians. Although various ideas are discussed under this heading, three are the focus of attention: First, and the most narrow, is the use of yen by nonresidents. Second is the possibility of Asian economies forming an economic bloc with Japan and the yen at the center. Third, is the possibility that the yen could serve as a nominal anchor for Asian countries, resembling the role played by the deutsche mark in the Euro- pean Monetary System (EMS). Sections 13.1-13.3 of this paper try to give a broad overview of the key facts concerning the three topics, above. The remaining sections discuss the international role the yen could play, particularly in Asia. 13.1 The Yen as an Invoicing Currency Following the transition to a floating exchange rate regime, the percentage of Japan’s exports denominated in yen rose sharply in the early 1970s and con- tinued to rise to reach nearly 40 percent in the mid- 1980s, a level since main- tained (table 13.1). -
Japanese Monetary Policy: the Effectiveness of Quantitative Easing" (2013)
Johnson & Wales University ScholarsArchive@JWU Honors Theses - Providence Campus College of Arts & Sciences Fall 2013 Japanese Monetary Policy: The ffecE tiveness of Quantitative Easing Colin James Flynn Johnson & Wales University - Providence, [email protected] Follow this and additional works at: https://scholarsarchive.jwu.edu/student_scholarship Part of the Arts and Humanities Commons Repository Citation Flynn, Colin James, "Japanese Monetary Policy: The Effectiveness of Quantitative Easing" (2013). Honors Theses - Providence Campus. 14. https://scholarsarchive.jwu.edu/student_scholarship/14 This Honors Thesis is brought to you for free and open access by the College of Arts & Sciences at ScholarsArchive@JWU. It has been accepted for inclusion in Honors Theses - Providence Campus by an authorized administrator of ScholarsArchive@JWU. For more information, please contact [email protected]. Japanese Monetary Policy: The Effectiveness of Quantitative Easing Colin James Flynn RSCH 3002: Directed Academic Experience Dr. Michael Fein, Director Professor Jean Holt Professor Ernest Mayo Fall 2013 Abstract The purpose of this paper is to analyze the effects of Japanese monetary policy from 2001-2010. In 2001 the Bank of Japan, Japan’s central bank, began using an unconventional monetary policy tool known as quantitative easing. The desired effect of quantitative easing is to inject money directly into the country’s money supply. This is accomplished through the purchasing of commercial and private financial assets, mainly bonds, by the central bank of the participating country. This paper tests the hypothesis that when the value of the Japanese yen (JPY) is lowered versus the United States Dollar (USD) that the number of Japanese goods purchased by the United States from Japan would increase. -
History of the Commission
History of the Commission The Japan United States Friendship Commission (JUSFC) was established as an independent agency by the US Congress in 1975 (P.L. 94-118). The Commission administers a US government trust fund that originated in connection with the return to the Japanese government of certain US facilities in Okinawa and for postwar American assistance to Japan. Income from the fund is available for the promotion of scholarly, cultural and public affairs activities between the two countries. In honor of the 20th anniversary of the Commission, the following written history of the Commission was published in 1995. The Japan United States Friendship Commission A History of the Commission Commemorating the 20th Anniversary, 1975-1995 By Francis B. Tenny Foreword by Kenneth B. Pyle This publication funded by the Japan-United States Friendship Commission Written in Cooperation with the Japan-America Society of Vermont Copyright 1995 The Japan-United States Friendship Commission, Washington, D.C. All rights reserved Printed in the United States of America Library of Congress Catalog Number 94-73712 FOREWORD I am pleased to present this history of the Japan-United States Friendship Commission on the occasion of its twentieth anniversary. Congress created the Commission in 1975 to strengthen the cultural and intellectual foundations of the Japan-United States relationship, which even then was beginning to take on the strong economic and political characteristics by which we all know it today. The Commission's earliest programs concentrated on helping Americans and Japanese study and master the language, culture, history, and society of each other's country as the most appropriate way to carry out its mission. -
Geological Features of Landslides Caused by the 2018 Hokkaido Eastern Iburi Earthquake in Japan
Downloaded from http://sp.lyellcollection.org/ by guest on September 30, 2021 Geological features of landslides caused by the 2018 Hokkaido Eastern Iburi Earthquake in Japan Yoshihiko Ito*, Shusaku Yamazaki and Toshiyuki Kurahashi HOKUDEN Integrated Consulting Service Co. Inc., 1-1 Higashi 3-chome, Kita 1-Jyo, Chuo-Ku, Sapporo-City, 060-0031, Japan YI, 0000-0002-0818-8103 *Correspondence: [email protected] Abstract: Before dawn on 6 September 2018, a powerful earthquake with a Japan Meteorological Agency magnitude (Mj) of 6.7 hit central Hokkaido, causing more than 6000 landslides. As human damage, 36 of the 44 fatalities from the earthquake were from earthslides in Atsuma Town. Most slope movements were shal- low earthslides of mantle-bedded tephra and soil layers, but some were deep rockslides involving basement rocks such as shale and mudstone of Miocene. Although the shallow earthslides were easily distinguishable in photos from satellites or airplane, the rockslides were more difficult to identify owing to their vegetation. Based on the quick interpretation of a high-resolution (0.5 m horizontal resolution) shaded relief map made from digital elevation model data by airborne laser survey and supplemental field surveys, we effectively iden- tified 259 rockslides (196 certain ones and 63 possible ones) in Atsuma and Mukawa towns under newly invented identification criteria based on the scarp depth and positional relation between scarp and ridge topog- raphy. It was revealed that most rockslides were distributed within 10 km from the epicentre, while earthslides were distributed until 20 km north of the epicentre, and they seemed to be controlled by the thickness of mantle- bedded tephra and the soil layer. -
The History of the Yen Bloc Before the Second World War
@.PPO8PPTJL ࢎҮ 1.ಕ BOZQSJOUJOH QNBD ȇ ȇ Destined to Fail? The History of the Yen Bloc before the Second World War Woosik Moon The formation of yen bloc did not result in the economic and monetary integration of East Asian economies. Rather it led to the increasing disintegration of East Asian economies. Compared to Japan, Asian regions and countries had to suffer from higher inflation. In fact, the farther the countries were away from Japan, the more their central banks had to print the money and the higher their inflations were. Moreover, the income gap between Japan and other Asian countries widened. It means that the regionalization centered on Japanese yen was destined to fail, suggesting that the Co-prosperity Area was nothing but a strategy of regional dominance, not of regional cooperation. The impact was quite long lasting because it still haunts East Asian countries, contributing to the nourishment of their distrust vis-à-vis Japan, and throws a shadow on the recent monetary and financial cooperation movements in East Asia. This experience highlights the importance of responsible actions on the part of leading countries to boost regional solidarity and cohesion for the viability and sustainability of regional monetary system. 1. Introduction There is now a growing literature that argues for closer monetary and financial cooperation in East Asia, reflecting rising economic and political interdependence between countries in the region. If such a cooperation happens, leading countries should assume corresponding responsibilities. For, the viability of the system depends on their responsible actions to boost regional solidarity and cohesion. -
Raising Awareness of Gender Equality Among Young People’
EVALUATION REPORT FINAL EVALUATION OF THE UN WOMEN PROJECT ‘RAISING AWARENESS OF GENDER EQUALITY AMONG YOUNG PEOPLE’ EVALUATION REPORT FINAL EVALUATION OF THE UN WOMEN PROJECT ‘RAISING AWARENESS OF GENDER EQUALITY AMONG YOUNG PEOPLE’ JAPAN LIAISON OFFICE UN WOMEN Tokyo , April 10 © 20 20 UN Women. All rights reserved. The views expressed in this publication are those of the author(s) and do not necessarily represent the views of UN Women, the United Nations or any of its affiliated organizations. Produced by UN Women Japan Liaison Office Prepared by Foundation for Advanced Studies on In- ternational Development (FASID) TABLE OF CONTENTS LIST OF ACRONYMS ⅰⅰⅰ LIST OF TABLES ⅱⅱⅱ LIST OF FIGURES ⅲⅲⅲ LIST OF ANNEXES ⅴⅴⅴ EXECUTIVE SUMMARY ⅵⅵⅵ 1. CONTEXT OF THE PROJECT 1 1.1 PROJECT BACKGROUND 1 1.2 OBJECTIVES 1 1.3 APPROACHES 2 1.4 THEORY OF CHANGE 2 1.5 MAIN ACTIVITIES 3 1.6 STAKEHOLDERS 5 2. EVALUATION OVERVIEW 7 2.1 EVALUATION PURPOSE, OBJECTIVES 7 2.2 SCOPE OF THE EVALUATION 8 2.3 EVALUATION DESIGN AND GUIDELINES 8 2.4 METHODOLOGY 9 2.4.1 EVALUATION CRITERIA AND EVALUATION MATRIX 9 2.4.2 INDICATORS FOR MEASURING RESULTS 9 2.4.3 METHOD OF DATA COLLECTION AND ANALYSIS 11 2.4.4 STAKEHOLDER CONSULTATION 12 2.4.5 SAMPLE AND SAMPLING DESIGN 12 2.4.6 ETHICAL CODE OF CONDUCT 13 2.5 LIMITATION TO THE EVALUATION 13 2.6 RESPONSIBILITIES 14 2.6.1 EVALUATION MANAGEMENT STRUCTURE 14 2.6.2 EVALUATION IMPLEMENTING STRUCTURE 15 3. EVALUATION FINDINGS 16 3.1 RELEVANCE 16 3.2 EFFECTIVENESS 18 3.2.1 OUTCOME ONE: AWARENESS OF GENDER EQUALITY INCREASED AMONG YOUTH, SHISEIDO AND GENERAL AUDIENCE 19 3.2.2 OUTCOME TWO: SKILLS AND CAPACITIES IN PROMOTING GENDER EQUALITY AND EMPOWERMENT OF WOMEN INCREASED AMONG YOUTH 25 3.2.3 OUTCOME THREE: ENABLING ENVIRONMENT FOR ADVOCACY ACTIVITIES ON GENDER EQUALITY AND EMPOWERMENT OF WOMEN 32 3.3 EFFICIENCY 38 3.4 SUSTAINABILITY 40 3.5 GENDER EQUALITY AND HUMAN RIGHTS 45 4. -
Women in Japan
WOMEN IN JAPAN BASIC DEMOGRAPHICS POPULATION1 127,298,000 People % % 65 million 51 WOMEN MEN 49 62 million Population is expected to decrease by 32.3% by 20602 AGE RATIO3 13% 62% 25% 0–14 15–64 65+ YEARS YEARS YEARS WORKING AGE FERTILITY RATE4 PROPORTION5 People Age 65+ 1.4 1.7 25% 39% LIVE BIRTHS ORGANISATION FOR ECONOMIC PER WOMAN CO-OPERATION AND 2013 2050 DEVELOPMENT (OECD) AVERAGE TERTIARY ENROLLMENT6 43% 57% 13% 87% 66% 34% WOMEN MEN WOMEN MEN WOMEN MEN TOTAL UNDERGRADUATE ENGINEERING STUDENTS HUMANITIES STUDENTS GRADUATE SCHOOL ENROLLMENT7 30% 70% 33% 67% 28% 72% WOMEN MEN WOMEN MEN WOMEN MEN MASTER’S PROGRAM PHD PROGRAM LAW SCHOOL LABOR FORCE EMPLOYMENT RATE8 61% WOMEN 57% OECD average—women 80% MEN 73% OECD average—men LABOR FORCE9 Non-Regular Employees Regular Employees (Part-time, Contract, Temporary, and Agency Dispatched) 44% 56% WOMEN 79% 21% MEN PERCENTAGE OF WOMEN PARTICIPATING IN THE LABOR FORCE BY AGE GROUP10 79 76.1 74.9 73.1 70.3 70.1 69.6 66.5 47.4 15.6 13.8 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Male comparison Approximate time of marriage and children EMPLOYMENT STATUS11 UNDERUTILIZED LABOR FORCE12 After Pregnancy continued working 17% million women are not working, with maternity/parental leave 3 but would like to work 10% continued working without maternity/ % in age group % 53 44 parental leave 25-44 left job after % becoming 24 not employed pregnant 5% N/A GENDER WAGE GAP13 In 2013, women in regular employment earned: 16% OECD average gap % 73 WOMEN 27% GAP less than their male counterparts MEN PRESIDENTS14 BOARD DIRECTORS Of All Private and Public Of All Public Companies15 TOPIX Core 30 Index16 Companies 7.5% 1.6% 3.1% 2014 2012 2014 WOMEN WOMEN WOMEN MANAGEMENT Section Manager or Higher in Companies Section Manager or Higher The target year 2020 will coincide 17 18 With More Than 100 Employees in Companies with the return of the Olympics to Tokyo. -
Japanese Workplace Harassment Against Women and The
Japanese Workplace Harassment Against Women and the Subsequent Rise of Activist Movements: Combatting Four Forms of Hara to Create a More Gender Equal Workplace by Rachel Grant A THESIS Presented to the Department of Japanese and the Robert D. Clark Honors College in partial fulfillment of the requirements for the degree of Bachelor of Arts June 2016 An Abstract of the Thesis of Rachel Grant for the degree of Bachelor of Arts in the Department of Japanese to be taken June 2016 Title: Japanese Workplace Harassment Against Women and the Subsequent Rise of Activist Movements Approved: {1 ~ Alisa Freedman The Japanese workplace has traditionally been shaped by a large divide between the gender roles of women and men. This encompasses areas such as occupational expectations, job duties, work hours, work pay, work status, and years of work. Part of this struggle stems from the pressure exerted by different sides of society, pushing women to fulfill the motherly home-life role, the dedicated career woman role, or a merge of the two. Along with these demands lie other stressors in the workplace, such as harassment Power harassment, age discrimination, sexual harassment, and maternity harassment, cause strain and anxiety to many Japanese businesswomen. There have been governmental refonns put in place, such as proposals made by the Prime Minister of Japan, in an attempt to combat this behavior. More recently, there have been various activist grassroots groups that have emerged to try to tackle the issues surrounding harassment against women. In this thesis, I make the argument that these groups are an essential component in the changing Japanese workplace, where women are gaining a more equal balance to men. -
Currency Invoicing Decision: New Evidence from a Questionnaire Survey of Japanese Export Firms
CENTER ON JAPANESE ECONOMY AND BUSINESS Working Paper Series March 2011, No. 293 Currency Invoicing Decision: New Evidence from a Questionnaire Survey of Japanese Export Firms Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato, and Junko Shimizu This paper is available online at www.gsb.columbia.edu/cjeb/research COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK Currency Invoicing Decision: New Evidence from a Questionnaire Survey of Japanese Export Firms Takatoshi Itoa, Satoshi Koibuchib, Kiyotaka Satoc, Junko Shimizud Abstract There have been only a few studies that empirically examine the firm's decision on price setting or currency invoicing in international trade. This paper is the first study that conducts the questionnaire survey with all manufacturing firms listed in Tokyo Stock Exchange concerning the choice of invoicing currency at a firm level. Questionnaires were sent out to 920 Japanese firms in September 2009 and 227 firms responded. We present the new firm-level evidence on the choice of invoicing currency by destination and by type of trading partner, and also the share of invoicing currency of Japanese production subsidiaries in Asia. By conducting cross-section analysis, we found the following evidences: (1) highly differentiated goods and/or strong competitiveness of the products promote Japanese yen invoicing in exports to all countries, (2) larger share of intra-firm trade in exports promotes importer's currency invoicing in exports to advanced countries, and (3) the production-sales networks of Japanese firms whose Asian production subsidiaries export their final products to other countries/region promote US dollar invoicing in exports to Asian countries. Keywords: Invoice currency; Japanese exports; intra-firm trade; production network a Graduate School of Economics, The University of Tokyo (Corresponding Author: [email protected]) and Faculty Fellow, RIETI. -
Consecutive Extreme Flooding and Heat Wave in Japan: Are They Becoming a Norm?
Received: 17 May 2019 Revised: 25 June 2019 Accepted: 1 July 2019 DOI: 10.1002/asl.933 EDITORIAL Consecutive extreme flooding and heat wave in Japan: Are they becoming a norm? In July 2018, Japan experienced two contrasting, yet consec- increases (Chen et al., 2004). Putting these together, one could utive, extreme events: a devastating flood in early July argue that the 2018 sequential events in southern Japan indicate followed by unprecedented heat waves a week later. Death a much-amplified EASM lifecycle (Figure 1a), featuring the tolls from these two extreme events combined exceeded strong Baiu rainfall, an intense monsoon break, and the landfall 300, accompanying tremendous economic losses (BBC: July of Super Typhoon Jebi in early September. 24, 2018; AP: July 30, 2018). Meteorological analysis on The atmospheric features that enhance the ascent and insta- these 2018 events quickly emerged (JMA-TCC, 2018; bility of the Baiu rainband have been extensively studied Kotsuki et al., 2019; Tsuguti et al., 2019), highlighting sev- (Sampe and Xie, 2010); these include the upper-level westerly eral compound factors: a strengthened subtropical anticy- jet and traveling synoptic waves, mid-level advection of warm clone, a deepened synoptic trough, and Typhoon Prapiroon and moist air influenced by the South Asian thermal low, and that collectively enhanced the Baiu rainband (the Japanese low-level southerly moisture transport associated with an summer monsoon), fostering heavy precipitation. The com- enhanced NPSH. These features are outlined in Figure 1b as prehensive study of these events, conducted within a month (A) the NPSH, and particularly its western extension; (B) the and released by the Japan Meteorological Agency (JMA) western Pacific monsoon trough; (C) the South Asian monsoon; (JMA-TCC, 2018), reflected decades of knowledge of the (D) the mid-latitude westerly jet and quasistationary short Baiu rainband and new understanding of recent heat waves waves, as well as the Baiu rainband itself; these are based on in southern Japan and Korea (Xu et al., 2019). -
Legal System and Reality Kazuya Ogura Ph.D
Contemporary Working Time in Japan – Legal System and Reality Kazuya Ogura Ph.D. Researcher, the Japan Institute for Labour Policy and Training Introduction Japan has one feature, which cannot be deemed inherent in an "advanced" country: actual working hours of the people. International comparative data suggest that working hours in Japan are conspicuously long for a country generally considered to be advanced. As shown in Figure 1, quite a few workers in New Zealand, the U.S.A., Australia, and the U.K., said to be strongly governed by the principles of the market economy, also work long hours. A majority of countries with a relatively low proportion of their workers doing long hours are seen in continental Europe, where political parties representing labor have traditionally been influential, placing checks on the principles of the market economy from the social point of view. In Japan, on the other hand, the proportion of workers doing long hours is much larger than in those countries where market principles are firmly rooted. By now, the Japanese term, "karoshi (death from overwork)," is widely recognized throughout the world. Partly thanks to relaxation of the certification requirements for workers' compensation insurance, an increasing number of cases have been brought to court and recognized as death from overwork in recent years. Such cases have also been reported in the U.K. and the U.S.A.; thus overwork does not seem to be a problem unique to Japan, but there is, perhaps, no other country suffering so seriously from the problem. At the same time, some people claim that, in Japan, workers voluntarily opt to do overtime. -
Grußwort Zum Amtsantritt
Mitteilungen des Japanisch-Deutschen Zentrums Berlin (JDZB) Nr. 134, März 2021 echo Grußwort zum Amtsantritt Yanagi Hidenao, Botschafter von Japan in der Bundesrepublik Deutschland Am 7. Dezember letzten Jahres habe ich besucht und dort an Seminaren usw. mein Beglaubigungsschreiben dem Bun- teilgenommen. Schließlich reiste ich im despräsidenten Frank-Walter Steinmeier April 2014 aus Tōkyō an, um dort an einer überreicht und offiziell meinen Dienst Konferenz zum Thema Sicherheitspolitik als Botschafter angetreten. Nach einem teilzunehmen. Studium in Japan trat ich 1982 in das Außenministerium ein und erhielt die Auch in Deutschland halten die gravieren- Gelegenheit, zwei Jahre an der Universität den Auswirkungen der Corona-Pandemie Konstanz zu studieren. Danach folgten weiterhin an. Die Bundesregierung hat mehrere Auslandsverwendungen, u. a. daher am 19. Januar Maßnahmen zur an der Botschaft in Bonn und später in Stärkung des Schutzes vor Infektionen Berlin. Zusammen mit meiner Zeit als Ge- beschlossen, etwa eine Pflicht zum Tra- neralkonsul in München habe ich bisher gen medizinischer Masken sowie eine insgesamt über elf Jahre in Deutschland Ausweitung der Kontaktbeschränkungen. gelebt. Nachdem ich zuletzt knapp drei Auch der Lockdown, beispielsweise mit Jahre lang Botschafter in Jordanien war, ist geschlossenen Gaststätten und Geschäf- es für mich eine große Ehre und Freude, ten, dauert weiter an. Und auch wenn © Botschaft von Japan dass ich nun als Botschafter erneut in mit Beginn der Impfungen Ende letzten sellschaften, zu denen noch über 1.600 Deutschland tätig sein darf. Jahres nun erste Zeichen der Hoffnung Kooperationsabkommen zwischen den Was meine Beziehungen zum Japanisch- sichtbar werden, bleibt die Situation um Hochschulen unserer Länder kommen. Deutschen Zentrum Berlin (JDZB) anbe- Corona unbeständig und erlaubt keine Nun feiern wir in diesem Jahr „160 Jahre langt, so nahm ich im November 1987 voreilige Prognose.