Highlights the difficult economic circumstances faced by Japan which affect its international competitiveness

The Economist 2007. 'No country is an island - Japan is reluctantly embracing globalisation', The Economist, 29 November. 

This article presents data which shows that Japan has the lowest levels of import penetration and inward FDI, and that its foreign affiliates' share of manufacturing and service-sector turnover is low. This shows how the economy. mostly dependent on local activities. It is argued that, for example, globalisation could be accelerated through domestic and foreign acquisitions.

Turpin, D 2009, 'How Japan can improve its competitiveness- the urgent need for more global leaders', International Institute for Management Development (IMD), October.
This article highlights the difficult economic circumstances faced by Japan which affect its international competitiveness. The author presents some thoughts on how the Japanese firms can globalise.

Yoshino, MY 2010. Globalization at Komatsu', Harvard Business Review, April 8.

"The case captures the challenges Komatsu, the second largest manufacturer of the earth moving equipment faced during the past five decades as it sought to globalize its operations. By 2007, it had become the second largest manufacturer of the earth moving equipment with more than 80% of its sales coming from outside of Japan. It has built a network of plants, distributors and service centers around the world. Senior management is convinced that a major reason for its success is its culture, recently articulated as the Komatsu Way. The central issue in the case is how to transmit and embed it to its far flung operations throughout the world."
(Source: https://hbr.g/product/Globalization-at-Komatsu/an/910415-PDF-ENG)

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