Japan economics thread.

[luminary]

Japan’s research decline​

Nature Index supplements on Japan over the past decade have documented the country’s ongoing struggles to compete globally in high-quality research. The latest data are no exception: the nation’s adjusted

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fell to 3,185 in 2021, a level that represented just 12.6% of Asia Pacific output, down from 21.4% in 2015.

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in the emerging field of artificial intelligence (AI). None of Japan’s research institutions make it into the top 30 for AI and robotics, based on Share from 2015 to 2021. Without finding a way to incorporate this AI revolution, it could be difficult for Japan to stay relevant in the robotics field.

“In Japan, fewer and fewer students are interested in pursuing a PhD and a career as a researcher.”
“I’ve been at Carnegie Mellon for 30 years, and we’ve had a handful of Japanese PhD students,” Veloso says. “How many Chinese students have we had? Hundreds.”

 

[TK3600]

I am waiting for the incoming collapse of Japanese auto industry and by extension economy as a whole. They will be kicked out of China and then chased down globally by every EV company.

 

[luminary]

Child suicides in Japan hit

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of 514 in 2022​

A total of 17 elementary school pupils, 143 junior high school students and 354 high school students killed themselves in 2022.
Suicides among females also increased for the third straight year, rising to 7,135.

 

[FairAndUnbiased]

Japan’s research decline​

Nature Index supplements on Japan over the past decade have documented the country’s ongoing struggles to compete globally in high-quality research. The latest data are no exception: the nation’s adjusted

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fell to 3,185 in 2021, a level that represented just 12.6% of Asia Pacific output, down from 21.4% in 2015.

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in the emerging field of artificial intelligence (AI). None of Japan’s research institutions make it into the top 30 for AI and robotics, based on Share from 2015 to 2021. Without finding a way to incorporate this AI revolution, it could be difficult for Japan to stay relevant in the robotics field.

“In Japan, fewer and fewer students are interested in pursuing a PhD and a career as a researcher.”
“I’ve been at Carnegie Mellon for 30 years, and we’ve had a handful of Japanese PhD students,” Veloso says. “How many Chinese students have we had? Hundreds.”

Japanese scientists are also fleeing to China for freedom.

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After spending more than a decade at Chinese universities, Nowada said he does not necessarily agree with the popular view that China’s remarkable scientific results are made because research is better funded there than it is in Japan.

“I believe the environment that allows scientists to discuss anything among themselves is a major reason that China’s research capabilities improved,” he said.

But an expert on China’s approach to science, Atsushi Sunami, president of the Sasakawa Peace Foundation, said institutional arrangement is key before everything else. China pressed ahead with university reforms on the government’s initiative and gave considerable discretion to members of university management, including presidents.

That created an environment that allows free research, where even young scientists have opportunities to be promoted and to win research grants if they are competent, Sunami said.

 

[siegecrossbow]

Japanese scientists are also fleeing to China for freedom bingchilling and research opportunities.

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[martinwagner]

Japanese scientists are also fleeing to China for freedom.

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Maybe China will have a statue of Liberty built one of these days

 

[luminary]

I think it's possible they might end up like Qatar, where there's a huge population of "nonpermanent resident foreigners" imported to do menial work but without rights and kept firmly separate from the citizens. Maybe Japan will have a version of the Singaporean live-in maids

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, except instead of taking care of children, they'll be taking care of Japan's decrepit and elderly.

That'll require their economy not to collapse though:

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https://twitter.com/i/web/status/1624138043107205126

Japan has to actually be rich to do that.

Median Japanese youth salary in 2017: 30k USD.

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They must pay foreigners less otherwise they'd just hire locals. Ratio is what, 1/3-1/4 of GDP per capita? So they'll pay 8k-10k USD equivalent?

Who'd go for that?

Indonesians, apparently. It's as I predicted. Imported workers to act as home caretakers:

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"I think the reason Japan chooses us is because Indonesian youths are very capable of caring for the elderly." The school, established in 2022, also offers Japanese language training for its students seeking to enrol in a Japanese government programme to employ foreigners with special skills to work in sectors like care giving.

A foreign workforce, is becoming increasingly necessary, labour attache at the Japanese embassy in Jakarta said.

As of December 2022, there were more than 16,000 Indonesians working under Japan's special skilled worker scheme, the second-highest number behind Vietnam.

"In Indonesia every year we have an increase in the population of about three million. Yet here we have our own challenge which is a lack of jobs."

 

[KYli]

After Taiwan and South Korea surpassed Japan within a couple years, in a few years China would also have better GDP per capita than Japan. Japan doesn't seem to find a footing even after 3 decades of expanding monetary policy.

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[luminary]

"Chinese aggression" aiming for

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Mappa's founder, Masao Maruyama, insinuated the prospect of China's potential domination over Japan's anime.

It is apparent from the interview that Maruyama regards anime as an integral part of Japanese culture, akin to a cultural treasure.

Despite the industry's

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and immense success with remarkable sales, Maruyama believes that China may overtake Japan in anime production and artistry in the near future. Japanese animation would soon fall to

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, as the latter has slowly risen in popularity in recent years.

Donghua Could Become More Popular Than Anime​

In an interview with AFP News, he warned that the long-term projection for anime is uncertain because studios are playing it too safe by "cranking out money-spinning genres, such as those starring kawaii female characters" or isekai twists to achieve success.

In China, Masao Maruyama asserts that the country's pool of artistic talent is vast and versatile, capable of churning out an impressive array of styles and techniques when it comes to anime and animation.

Donghua has seen success domestically and internationally. The 2019 animated film Ne Zha became the highest-grossing animated film in China with over $725 million. Other series, such as Link Click, which recently revealed a

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, and

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, have also recently become more accessible to international viewers, resulting in more recognition for Chinese animation.

If trends continue, Japan will be

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in no time. Countries like

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.

 

[pbd456]

BoJ owns almost 50% of Japanese government bond. Is it a stroke of a pen that BoJ can write off the bonds and the dept of Japanese government is cut by half?