We study up to 27 years of weekly data on nine currencies to examine the importance of the Japanese yen in exchange rate determination in North and Southeast Asia. We combine a…
Abstract
We study up to 27 years of weekly data on nine currencies to examine the importance of the Japanese yen in exchange rate determination in North and Southeast Asia. We combine a time-varying methodology alongside a focus on long-run equilibrium. Our findings suggest that the Japanese yen had virtually no influence on Asian exchange rates in the 10-year period prior to the Asian financial crisis in the late 1990s. Since the crisis, the yen and the German mark in particular have exerted a significant influence over the region's exchange rates except for the Chinese yuan, the Hong Kong dollar and the Malaysian ringgit, which continue to be closely related to the US dollar.
The Japanese economy, facing a severe labourshortage, may need to seek a fuller utilisation ofwomen. Circumstantial evidence about the labourshortage is described, and Japanese…
Abstract
The Japanese economy, facing a severe labour shortage, may need to seek a fuller utilisation of women. Circumstantial evidence about the labour shortage is described, and Japanese wage and income tax systems are analysed, from which it is found that they are institutionally working against women seeking to enter the labour market. Wage and income tax structures must be reformed if the labour supply of women is to be increased, not to mention their economic and social advancement.
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The purpose of this paper is to explain how initial teachers in Japan can develop instructional and thinking skills through lesson study with mentors. It will clarify the point of…
Abstract
Purpose
The purpose of this paper is to explain how initial teachers in Japan can develop instructional and thinking skills through lesson study with mentors. It will clarify the point of view in which mentors evaluate the lesson plan, research lessons and kyouzai-kenkyuu of initial teachers.
Design/methodology/approach
This study adopts a case analysis that shows how a mentor gives advice to an initial teacher in the post-lesson discussion. In Japanese lesson study, the time schedule of the post-lesson discussion is well structured, so the time for a mentor to state his or her comment is limited to around ten minutes. Mentors try to help initial teachers develop instructional and thinking skills.
Findings
From simple problem to high-level cases in which finding the problem of a lesson is difficult, only a highly competent mentor can find the problem and suggest improvements. Mentors need the competency to observe the lesson and the knowledge and skills to improve the lesson.
Research limitations/implications
This paper focusses on how mentors can help develop the kyouzai-kenkyuu understanding of initial teachers. More studies that focus on how mentors can train initial teachers to understand how students learn during lessons are needed.
Originality/value
This paper discloses what Japanese teachers think of lesson plans and kyouzai-kenkyuu and how mentors help develop kyouzai-kenkyuu understanding among initial teachers.
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David Blundell and Mangesh Dahiwale
This chapter discusses inspiration and innovation through social transformation taking place in Asia through leadership utilizing concepts of Buddhism. In India, values of the…
Abstract
This chapter discusses inspiration and innovation through social transformation taking place in Asia through leadership utilizing concepts of Buddhism. In India, values of the Buddhist dhamma are grounded in a permeating esthetic system dating back to early historical times. It was lost there and revitalized in 1956. For Taiwan, inspiration came in the name of humanistic Buddhism that developed in late 19th century China. It offered a moral and practical value system for society at large.
Buddhism became socially engaged as part of a cultural ethos for over a generation with underlying integrated roots in local beliefs, esthetics, and practices. The broader question to discuss is how Buddhist values influence policy leadership. Here, we feature engaged Buddhism that emphasizes awareness, compassion, and non-violence, while embracing modern ways of organizing and communication.
Cases are provided where Buddhism has shaped leaders’ roles and aims, as well as those of followers guiding reforms for best governance. In India Dr. Ambedkar (1891–1956) embraced Buddhism as a platform for deliverance and championed social equality. His life’s struggle concerned issues of caste, as he was born “untouchable.” The second example is about Dhamma Master Cheng Yen (b. 1937) who established Tzu Chi in eastern Taiwan as a relief agency that became international. Both leaders helped life’s embetterment through Buddhism based on modernity, science, advanced technology, leadership, and democracy. These examples of engaged Buddhism have made tremendous impact pertaining to the people of their nation and serve a model for world development.
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Sandra Goh and Ian Seymour Yeoman
This paper aims to look at the future development of new tourism attractions through the visionary project of a leading Vietnamese developer in a remote area of Northern Vietnam…
Abstract
Purpose
This paper aims to look at the future development of new tourism attractions through the visionary project of a leading Vietnamese developer in a remote area of Northern Vietnam in the Quang Ninh province.
Design/methodology/approach
Drawing from the theoretical perspective of place-making and the hero’s journey, this paper draws insights from a case study, an interview with two key informants in the private sector and literature review, to generate the drivers that will shape the future of tourism development in Yen Tu.
Findings
This paper identifies the visionary hero (leader), intangible heritage and creative place-making as the key drivers that will reconstruct and repackage the past for developing tourism destinations.
Originality/value
This paper extends the existing knowledge in the literature about the natural heritage and sacred mountains of Yen Tu, and included creative place-making to gain insights into the future of tourism development in rural areas.
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This paper examines policies of Abenomics and explains their ineffectiveness through historical comparisons. In conclusion, Abenomics raises serious concerns about Japanese…
Abstract
This paper examines policies of Abenomics and explains their ineffectiveness through historical comparisons. In conclusion, Abenomics raises serious concerns about Japanese economy. It offsets the effects of its aggressive monetary expansion by increasing consumption taxes. It has tilted the distribution of income in favor of financial speculation, but the returns have not benefitted the nonfinancial economy. It has enriched investors, corporate profits, and exporters but not Japan’s workers, households, and general economy. It ignores the structural problems. Specifically, its deregulation of labor markets reduced household income by raising the number of nonregular workers. Higher wages in general and providing more workers with stable, well-paid employment are among necessary reforms. It will be difficult to achieve a sustainable economic recovery in Japan without proceeding with these types of policy changes.
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Jui‐Chi Huang and Tantatape Brahmasrene
This study examines the impact of expectations on the market share mechanism. The dynamic strategic pricing behaviors in the short‐run and the long‐run are also explored. The…
Abstract
This study examines the impact of expectations on the market share mechanism. The dynamic strategic pricing behaviors in the short‐run and the long‐run are also explored. The exchange rate expectations are incorporated into a switching cost model via the method of exchange rate pass‐through on product‐specific and country‐specific approach. By using the time series techniques, the results of the system estimations prove that the market share mechanisms are weakened by exchange rate expectations in open economies. Furthermore, not only is the degree of exchange rate pass‐through higher in the short‐run than in the long‐run but also many cases of pair‐wise rivalry are found. An improved understanding of the effects of exchange rate movements on foreign exporters pricing and pass‐through relations from this study may enhance competition in international markets.
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Katsuhiko Shimizu and Daisuke Uchida
In the rapidly changing and globalizing environment, mergers and acquisitions (M&As) have become increasingly important. In this study, we paid specific attention to the voluntary…
Abstract
In the rapidly changing and globalizing environment, mergers and acquisitions (M&As) have become increasingly important. In this study, we paid specific attention to the voluntary announcements of M&A budgets by Japanese firms. We discussed the antecedents and consequences of such announcements by incorporating the context of Japan, which has experienced an enduring economic downturn since 1990 and is in the process of adopting a Western style of governance. Drawing on signaling theory and impression management theory, this exploratory study intended to contribute to the literature by incorporating the influence of the social context and by arguing for the possibility that announcements of M&A budgets may be used not only for strategic purposes but also for impression management and to reduce information asymmetry.
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Weak employment data for July fired concerns that the Fed has waited too long to ease monetary policy. Concerns over the US economy had added to worries about a tech-stock bubble…
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DOI: 10.1108/OXAN-DB288816
ISSN: 2633-304X
Keywords
Geographic
Topical
Hamilton Mphidi and Retha Snyman
The intranet has emerged as one of today's most effective tools for knowledge management. This article reports on the extent to which three South African academic libraries…
Abstract
The intranet has emerged as one of today's most effective tools for knowledge management. This article reports on the extent to which three South African academic libraries, selected by means of the purposive sampling method, utilise the intranet as a knowledge management tool. Based on the literature, knowledge management and an intranet are briefly defined. The advantages of the intranet as a knowledge management tool as well as the content of an intranet are discussed. The opinions about knowledge management and the utilisation of the intranet as a knowledge management tool in the three academic libraries are weighed up against the findings in the literature. It is clear that a strong awareness exists of the importance of knowledge management and the value of the intranet as a knowledge management tool. However, the potential of the intranet as a knowledge management tool is not utilised fully.