
The natural disaster that Japan is living is higher than many might think. The dimensions of the disaster will be greater because of the Japanese culture. For a country where most people consume only products of Japanese origin, is exposed more to possible setbacks produced in the country.
We live in a globalized world where every event affects the neighbor country. That has advantages and disadvantages. The obvious advantages are that, when the economy is buoyant and economic growth rising steadily, most of the economic regions tend to catch the furor. But the same happens when things don’t go so well.
But the case of Japan is one of those cases that we need to look separately. Japanese society is unwilling to open to the world and foreign trade, thus the relationships and dependencies with the West are reduced considerably. If I had to mention the most obvious link would be the ratio of currency to buy foreign debt by Japan.
I explained what makes me think that Japan and its financial market (mainly the Nikkei 225) in this case, are trapped by fault of their own culture, which has created an excessive dependency between the needs of the country and the national companies.
Great
ResponderEliminar