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Japan On Its Way To Be The Worlds Largest Economy Japan has performed a miracle The countrys economic performance following its crushing defeat in World War II is nothing short of astounding The economic expansion of Japan is second to none All of the elements are in place for Japan to continue increasing its share of the worlds wealth as Americas gradually declines The country is on track to becoming the worlds largest economy How did Japan do it There are many theories and studies that have traced the Japanese miracle without success The answer to the mystery can be found by examining Japans culture education and employment system Japans success is not just a case of good technique and technology in business but a real recognition and development of the necessary human skills A better understanding of the Japanese society provides the framework to understanding the workings of Japanese business and possibly the Japanese mind The ways of the Japanese provide a foundation for their economic adaptability in modern times Japan is a culture where human relations and preservation of harmony are the most important elements in society It is their sense of identity and destiny which gives their industrial machine its effectiveness1 Among the Japanese there exists an instinctive respect for institutions and government for the rules of etiquette and service for social functions and their rituals of business Japan is a traditionally crowded island the people are forced to share the limited space with each other and to live in harmony The Japanese are very protective of their culture They are very conservative to outside intrusion Their distinctive ways are a source of pride and national strength2 Japans striving for purity is very different form a North American idea of open doors and diversity as strength Japan is relatively closed to immigration to outside countries However this feeling of superiority does not stop them from being careful
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