Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Differences between the German and Japanese Economic Institutions - Case Study Example

Comments (0) Cite this document
The case study "Differences between the German and Japanese Economic Institutions" points out that Coordinated market economies are featured by an informal market structure where the business relationships do not depend in any way upon institutional actors or regulated hierarchies. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Differences between the German and Japanese Economic Institutions
Read TextPreview

Extract of sample "Differences between the German and Japanese Economic Institutions"

Download file to see previous pages The paper shows that since the companies do not need to operate in a government-controlled environment, they have access to an educated and trained labor force (Noel, 2004, p. 3; Pavitt, 1999, p. 5). The economies of Germany and Japan are two major examples of coordinated market economies (CMEs) in the world. Unlike the situation in the United States and the United Kingdom, these nations do not implement high-end regulations in their bank structure primarily due to the informal structure of the organisation. However, despite the integral business environment being the same, many-a-times it is difficult to conceive them as part of the same group due to the diverse nature of their economies. The present paper takes up the issue and tries to figure out the extent to which the German and Japanese economic institutions differ from each other.

Corporate governance in economic institutions located in Japan and Germany are almost similar to each other. Institutions in these nations are characterized by senior managers sitting at the head of the power unlike in the case of liberal market economies, where the culture of corporate governance is seldom found. The shareholders are the ultimate owners of the organizations, although no corporate board structure is present in them. Though the strategies which these nations abide by have rendered them to a position much behind that of the USA, the financial institutions of the former nations are believed to be fast picking up with those indigenous to the latter (Baums, Buxbaum & Hopt, 1994). Corporate governance in these nations is strengthened more due to the emphasis that company goodwill is being paid rather than in the case of liberal market economies like the USA where people are more concerned about the final pay-off only (Jackson, 2005).
Germany had been a capitalist at its heart at the time of unification. It had been one of the most popular of all economies around the world with greater exposure to the international market than that of Japan, a peer market economy.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Differences between the German and Japanese Economic Institutions Case Study, n.d.)
Differences between the German and Japanese Economic Institutions Case Study. Retrieved from
(Differences Between the German and Japanese Economic Institutions Case Study)
Differences Between the German and Japanese Economic Institutions Case Study.
“Differences Between the German and Japanese Economic Institutions Case Study”.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Differences between the German and Japanese Economic Institutions

The Relationship Between Institutions and Economic Development

...? What is the relationship between s and economic development? Exploring the causal relation between and economic growth is a very challenging task. The study of economic theories of growth shows that economic progress is a complex phenomenon. Neoclassical growth theory limits to identify the prerequisites of economic performance, such as capital accumulation and technical progress. To explain why people save, invest, learn and seek knowledge, different institutional systems and values ??that success or failures are based on must be paid special attention. The relationship between institutions and economic growth has been a central debate of the economic arena for a long time. A century ago, the free society realized that the institutional...
8 Pages(2000 words)Essay

Compare between two institutions policies

...?Compare Between Two s Policies INTRODUCTION Human Resource Management (HRM) plays an instrumental role that greatly assists an organisation in achieving its desired goals along with objectives. It acts as a tool for the organisation to become environmentally and socially sustainable. It has been ascertained that Human Resource (HR) professionals within an organisation mainly perceive the Corporate Social Responsibility (CSR) as their key driver for the accelerated financial performances (Strandberg 1-26). Recruitment frames a vital function of the HR professionals within any organisation. The recruitment procedure provides an open door opportunity for a large pool of candidates to apply for the diversified posts. Furthermore, recruitment...
6 Pages(1500 words)Essay

Compare between two institutions policies

Human resource department in an organization carries out a number of functions for the management of the workforce including recruitment, selection, development, orientation, performance, and career path management (Zanko, 2002). This study aims at analyzing employee development as a human resource function as integrated in human resource functions of Shell and Qatar Petroleum. This will be done through numerating the various ways both organizations have similar employee development methods followed by the difference as represented by the policies implemented on employee decision making in Shell and Qatar Petroleum. Employee development augments the skills and understanding of the employees for the achievement of high productivit...
8 Pages(2000 words)Research Paper

Differences between the US and German Corporate Governance Systems

...Differences between the US and German Corporate Governance Systems The Daimler Chrysler Corporation was adversely affected in its global business operations mainly by the pertaining variance in corporate legal aspects between the US and German governments. From an overall outlook, the conflicts mainly arose from three aspects; on the ground of legal systems, different preferences of share holders, and management issues. The corporate entrepreneurship significantly gets diverged based on the unique rules and regulations of both countries. Firstly, in US, the major issues associated with business organizations are being regulated by US Securities and Exchange Commission [SEC] which handles issues of audit, chief regulators, board members...
2 Pages(500 words)Essay

Differences Between Two Author

... Your Teacher’s Condoms in Schools: The Battle Between Morality and Common Sense Condoms vs. Abstinence: The Role of Public Schools in Sex Education The issue surrounding the distribution of condoms in public schools has long been considered a topic of interest for more than a decade now. Articulate commentators from two opposing views often come up with sensible ideas and strong points that would further spice up their heated debates. In an essay written by Anna Quindlen, “Public & Private; A Pyrrhic Victory,” it is noted how the writer fervently defends the distribution of condoms in public schools. She emphasizes her standpoint by quoting statistics such as “in 1992 [Dr. Cohall’s] three high school clinics saw around 150 cases...
2 Pages(500 words)Essay

Interaction Political And Economic Institutions

Interaction Political And Economic Institutions
“North (1990) states a definition of institutions as constraints on behavior imposed by “the rules of the game” in society: “Institutions include any form of constraint that human beings devise to shape human interaction.” (Roland)
Rodrik (2007), found that “economic institutions (such as property rights, regulatory institutions, institutions for macroeconomic stabilization, institutions for social insurance, institutions for conflict management, etc.) are the major source of economic growth across countries”. The economic and political institutions are in growing phases in every country and most of the developing countries are in the growth phase for almost every i...
2 Pages(500 words)Essay

Canadian Economic Policy and Institutions

... Canadian Economic Policy and s Michael Bloomberg, the mayor of New York, proposed that the size of soft drinks in his city should be limited to 16 ounces. Though his idea was overruled by the courts, it remains a contentious issue as to whether limiting the amount of soft drinks taken by students has an impact to their lifestyle and the society in general. The soft drinks in question are the sugar-sweetened beverages or SSBs (Edelstein 13). With the high level of lifestyle diseases in New York, Mayor Bloomberg had many reasons in putting forward his idea. He used it not only as a control measure against the consumption of drinks that add little value to someone’s health but as a way of reducing on the lifestyle diseases prevalent in his...
2 Pages(500 words)Assignment

Differences between Race & Gender

This paper highlights that Stanton et al describe the way men have mistreated women in the society for so long. Man is said to have never allowed a woman to exercise her rights, deprived her voice before the law, and the woman has been denied right to own property. Stanton et al however condemn these cores of actions and suggests that only God has the sole responsibility of defining the roles and abilities of men and women in the society. “We insist that they have immediate admission to all the rights and privileges which belong to them as citizens of United States”.
This paper declares that Dub Bois talks of seclusion by the society which makes you odd and feel discriminated, he talks of the problem of the twentie...
7 Pages(1750 words)Essay

A Short History of Japanese Film Industry

The response generated from other regions is good enough yet questionable. What do these Asian productions have that attracted the international scene? What does the Korean wave really mean? Furthermore, were their productions in the recent years created in the nature that the other regions would appreciate, diverting from the contemporary film style they used to execute locally so that it would sell in the global market?

The transition from traditional to contemporary entertainment in Japan came a few years before the advent of the 20th century with the production of the first Japanese films, Bake Jizo1 and Shinin No Sosei2, both said produced in 1898. The next year, a short production entitled Geisha no Teodora was cr...
9 Pages(2250 words)Case Study

Bernard Madoff : A Scapegoat of the Economic Crisis

Darwin was condemned and treated with contempt by the Church for proposing the theory of evolution that linked all living matter in the earth, including humans. In the case of Bertrand Russell, he was imprisoned as a conscientious objector, for expressing his opposition to British participation in the First World War. These are typical examples of people being wrongfully punished when they were guilty of no crime or fraud or misdoing. It would be highly improper to associate Bernard Madoff with the aforementioned luminaries, for he was truly guilty of carrying out the biggest financial fraud in modern history. At the same time, it would be simplistic to classify him as a victim of the contemporary judicial system. The truth, in fa...
6 Pages(1500 words)Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages(2250 words)Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages(1750 words)Case Study

The Relationship Between Common Law and Custom, Equity, and Books Of Authority

This follows the common law theory that cases that have a great deal of similarity should need to be dealt with similarly and decisions or court verdicts passed accordingly, although this may not be viewed as strict practice. Custom, as a historical source of law, could be said to be the legislative statutes or laws that need to be implemented from time to time, and could also be termed as statutory laws that monitor public conduct. Thus, it could be said that while regulatory laws are created and nurtured by legislations and regulations, through the executive powers enforced by executive branch agencies, this is done through the delegation of authority from the top downwards. However, in the case of common law or case law, decisi...
6 Pages(1500 words)Assignment

Multiculturalism: Socio-economic Impacts on Modern States

This paper tends to argue that multicultural policies have promoted social segregation and economic insecurity in modern states. As the most relevant example, it will also evaluate how multicultural policies have evolved to be the most recent threat to the nationality and cohesion of Australia and the United Kingdom.

To begin with, many of the policies enacted on citizenship and immigration have brought about incessant controversy in Australia. In addition, the exceeding emphasis put on the multicultural policy has given rather unfavorable outcomes to both Australia and the UK. Policies that are intended to ensure equal representation and opportunities often create frustration and disappointment among certain interest g...
6 Pages(1500 words)Case Study

The 1846 Invasion into Mexico by the U. S.: The Political and Economic Forces that Brought about the Invasion

Some of the territories led to a war with Mexico from which the United States emerged victorious, expanding its territories and decisively establishing its dominance in North America.

President Andrew Jackson led an example of an administration that set the stage for the way in which James Polk would lead. In 1817, as a still yet military leader, Jackson led the United States into the first of three conflicts with the Seminole Indians from which the acquisition of Florida from Spain would be negotiated and finalized. The situation with Spain was tenuous and should have been dealt with in a diplomatic and cautious manner, but in 1817 President Monroe wrote a letter to General Jackson stating that “Great interests...
8 Pages(2000 words)Article

The History of Regulations on Corporate Governance: Comparison between UK and USA

Corporate governance relates to the distribution of rights and obligations among stakeholders in an organization. The different practices around the world, however, have made it virtually impossible to provide a universal definition of corporate governance. The current global financial crisis is perceived to be a result of “a crisis in corporate governance”. The global penetration of Anglo-American institutions of governance and markets have given rise to a number of doubts about the effectiveness of the Anglo-American corporate governance model.

As a result, there is considerable debate over whether world economies will gravitate toward adopting a common Anglo-American corporate governance structure or will...
84 Pages(21000 words)Dissertation

The Relationship Between Financial Perfprmance and Corporate Social Resposibility on Saudi Electricity Company

The pragmatic parallel mixed methods design was adopted for the study using the questionnaire, structured interview guide and content analysis were the primary instruments utilized in the collection of data. A total of 500 respondents participated in the study. These respondents represented the five sectors considered in the study, namely: the community residents, SEC employees, SEC managers, personnel from other establishments (i.e., the marketplace) and the government.  A combination of sampling techniques was used in this study: stratified random sampling, for the community respondents and SEC employees; simple random sampling, for the respondents of other companies; and purposive sampling for SEC managers and a representa...
88 Pages(22000 words)Case Study

Economic and Social Impact of Globalization

Global corporations are heightening their awareness of the nature of their business relationships with diverse governments considered of primary importance to manage factors influencing their performance. From among the elements that global organizations closely and continuously evaluate, the social and economic impacts are considered of significant importance. As the components and diverse perspectives of globalization affect both the host organizations and those nations they do business with, this research aims to proffer significant social and economic issues that impact global strategies.

The concept of globalization encompasses theories beyond the traditional view that global corporations merely do business abroad....
7 Pages(1750 words)Coursework

Differences between Both Sakuntalas

...Differences between both Sakuntala's (Kalidasa versus Mahabarata version) In the faith and love driven world, everything has a meaning; everything has a purpose; everything is happening as it should. The chaos and confusion that one sees in the world outside, is the reflection of the confusing storm within. Sakuntala is a socio-spiritual drama by the renowned scholar of Sanskrit, Kalidasa that propounds the doctrine of Karma. Roshni Rustomji, writes, “But a closer look at the important women in Sanskrit literature reveals qualities which go beyond conventional beauty and traditional feminine passivity.”(p.45)To understand the core issues of this drama, it is desirable to know the interpretation of the doctrine of karma, to enable...
11 Pages(2750 words)Research Paper

Differences between Japanese and the US Economy

...There exist a huge similarity between United States and Japan economy. Both of the economy enjoys a high rate of industrialization and a higher standard of living. However, they are very different in some critical ways. The United States economy is twice large as compared to Japan in terms of nominal and purchasing power parity basis (Cooper 4). Moreover, the Japanese standard of living is slightly lower that of United States in terms of GDP basis and purchasing power parity (Cooper 4). Japan has enjoyed a low economic growth and recession in for a long time while that of United States remains stronger (Cooper 4). For example, in the last one decade, the United States annual GDP growth rate has been more than two times that of Japan...
16 Pages(4000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Differences between the German and Japanese Economic Institutions for FREE!

Contact Us