IN CANADA
In The Media
* The Globe and Mail
Wednesday, April 2. 2008
Global thinking – Investing in Japan
Despite Japan's slumping domestic consumer demand, the world's second strongest economy will remain a formidable global force built on government-industry co-operation, a strong work ethic, its mastery of high technology and other factors.
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Yasunari Miyauchi, deputy executive director of the Japan External Trade Organization ( JETRO) in Toronto, says one of the Japanese government's key strategies to stimulate the economy has been the active encouragement of inward foreign direct investment (FDI).
"Japan's FDI to GDP ratio was a relatively low 2.5 per cent in 2006 compared to 30. 4 per cent in Canada and 13.5 per cent in the U.S.," says Mr. Miyauchi. "However, the government has a target to increase that figure to five per cent by 2010."
Read more
Wednesday, April 2. 2008
Global thinking – Investing in Japan
Despite Japan's slumping domestic consumer demand, the world's second strongest economy will remain a formidable global force built on government-industry co-operation, a strong work ethic, its mastery of high technology and other factors.
…………………………………………………………………………………………………………
Yasunari Miyauchi, deputy executive director of the Japan External Trade Organization ( JETRO) in Toronto, says one of the Japanese government's key strategies to stimulate the economy has been the active encouragement of inward foreign direct investment (FDI).
"Japan's FDI to GDP ratio was a relatively low 2.5 per cent in 2006 compared to 30. 4 per cent in Canada and 13.5 per cent in the U.S.," says Mr. Miyauchi. "However, the government has a target to increase that figure to five per cent by 2010."
Read more
