Why raising the consumption tax and reforming the social system will not be the only way to save the Japanese economy

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The Japanese currency, the yen has seen some period o strengthening but it is just because the US and Europe is experiencing economic downturn.  And as such the Japanese economy is also threatened to slow down or even reach a standstill.  Today they are coming up with solutions to reverse the effects of the economic crisis with increasing consumption tax and reforming social system.  But to most this is not enough and could not just the economic path Japan is treading.
social

Japan had a long-standing debt because of their need to provide for their citizens.  A lot of government subsidies have made their debt tripled over the last two decades.  Now, Japan government is moving to raise the consumption tax as much as 15% in an increasing manner for several years from their current 5%.  Their consumption tax is seen as one of the lowest in the world that it is imperative to increase it to allow more funds to decrease their debt.  Another thing the pension benefits of the aging groups is making the government suffer.  Reforming the social system might also add income to the government in order to alleviate national debt.

But increasing consumption tax and reforming the social system may not be enough to save the Japanese economy.  There is much more needed to do than just that and there are factors to consider by every sector of society.  Japan is still recovering from the March 2011 tsunami and earthquake, the slow down it did to its export, which is the biggest part of their income and now world economies are slowing down and could threaten to slow more.  So if Japan wants to be up for the challenging years ahead, they need to do more drastic measures than they are proposing.  This may hurt some members of the society but will surely sustain the country as a whole.

More articles about Japan www.talkaboutjapan.jp

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Japanese Natural Products Support Your Health

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More people are learning about the manner in which chemicals in the environment interact with the functions of the body. As they do, they seek natural products to compensate or eliminate the negative effects of these chemicals.  Some of those products include Okinawa coral as a calcium supplement and as a water purifier.  Products that eliminate chlorine in the water are extremely important for good health in many ways.
Tap Water
Negative Effects of Chlorine in Tap Water
Only 40 years ago, waste water systems were able to allow the effects of the sun to purify the water released back to the public as drinking water. With so many more people using the water, there is no time for the sun to do the work. There are numerous medical studies reporting on health problems due to chlorinated tap water.  99.8% of cities add concentrated chlorine to the water system in order top kill bacteria that would cause disease and infection.Medical research has shown that 50% of human exposure to chlorine comes from tap water.  These researchers have discovered that this long-term contact has serious effects.

  • Acne, Eczema, Rashes
  • Destruction of natural flora-friendly bacteria in the intestine
  • Diminished production of Vitamins B12 and K
  • Destroys production of Vitamin E
  • Destroys polyunsaturated fatty acids that are involved in the production of hormones and cartilage
  • Generates the production of free radicals, which are known to damage cells and DNA molecules
  • Directly related to a trigger causing breast, bowel and bladder cancer
  • Proven to be an instigating cause of skin cancer
  • Depletes oils and proteins in the hair and skin contributing to the effects of early signs of aging as well as skin rashes

While adding chlorine to the water supply may be a necessity, it is vital that these effects be counteracted as much as possible.  Removing chlorine from the tap water before it is used for drinking or cooking can be done using several methods.  One such method is to use Coral Water from the Okinawa Coral reefs.  Another method is to add a purifier directly to the faucet or shower head.  These two types of products are available at http://www.marine-bio.co.jp/top.html

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Learn To Use Japanese Ice Ball Maker

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Ice cubes are basically there when you want to serve a cold drink for yourself or for someone else.  There really is no fuss in simply putting ice to any drink you desire. It can be done by simply removing them from your ice cube maker or holder.  However, if you are up to putting in some extra effort into what usually is an ordinary cube of ice, the Japanese ice ball maker may just be a necessity in your kitchen.  The Japanese ice ball maker allows for a spherical shape of ice that can put some attention to your ball of ice than just the drink.

taisin ice ball maker

The process of making a ball ice is not difficulty at all.  The ice ball maker and a block of ice is what you need.  You have to dip the ice ball make first into hot water to make the process of forming the desired ice shape efficiently.  Set the bottom part of the of the two part ice mold on the water tray.  The tray is used to catch excess melted water from the process of molding the block of ice.  Place the ice block on top of the bottom part of the maker.  Then carefully place the top of the ice ball maker following the two placement rods.  Just let the ice ball maker do its work by waiting for both parts to connect with each other.  Remove the top part then press the release lever to get the now formed ice ball.

That is how you use the Japanese ice ball maker.  It is pretty simple and efficient that is tastefully what Japanese products are known for.  You can even have other shapes if you like to have more unique ice shapes for you to show off your guests.  It is one kitchen essential when you are someone who loves to have ice on drinks or want to start the habit because the ice ball machine is simply awesome.

Kawasaki – The Official Site for Travel in Japan

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Kawasaki, the official site for travel in Japan is the hub of destinations to any location in the nation. Throughout its long history, the point on the river where the Tokaido highway connects Tokyo to Kyoto and the rest of the nation has seen Shoguns and even Admiral Perry traipse through villages. The area historically has been a stopping point accommodating the needs of travelers. This history of welcoming visitors continues as millions of tourists and ex-pats live, work and visit Japan. Kawasaki, the official site of traveler’s comfort, offers every modern convenience accompanied by traditional courtesies of the people.

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kawasaki street

The name “Kawasaki” means “point on the river”. Before the opening of trade, Japan’s Samurai society hosted many political negotiations at this location. As such, the public was very conscious of the need to be courteous to all who may be entertained there. Two Samurai clans have ruled the region in its history – the Inage and the Hojo clan. Much of the fictionalized version of “Shogun” was developed from knowledge gained in Kawasaki and its historical relationship to the rest of Japan.

Espousing its international connection, Kawasaki houses the largest Chinatown area outside of China and Koreatown, which is the second largest Korean population in Japan. Kawasaki was the first city in Japan to allow foreigners to test for civil service employment. In its efforts to broaden its international relationships, Kawasaki began its “Twin City” programs in 1977. The first was with Riejka, Croatia. Baltimore, MD became a Twin City in 1979 and the program continues today.

As part of Kanagawa Prefecture, Kawasaki includes hot spring spas, the infamous Black Ship festivals, and museums in abundance. There are hundreds of temples in the area and even Samurai tours operating from Spring to Fall. Fishing trips and tours are available for those who prefer a slower mode of sightseeing. The famous bullet train runs out of the Kawasaki station to destinations across Japan.

For those who have yet to visit Japan, Kawasaki is the best place to stay for modern comfort, exotic shopping, exciting music and an abundance of art.

What to learn from the Japanese About the use of MSG

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Monosodium glutamate or MSG for short is a popular additive in food. It was discovered to create a taste called umami, which is very different and unique from the other basic tastes. Umami is described to be a meaty and savory taste, which is similar to the taste when you eat beef or steak. Monosodium glutamate has changed the world of cooking and there is no going back.

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There are things to learn from the Japanese way of cooking on how to use MSG. MSG can be used with food in four different ways.

  • MSG can be used as dressing for meat, fish, dumping fillings and hamburger. MSG can also be placed in water while boiling vegetables.

  • MSG can be used as a finishing touch to a dish like stir-fried dishes.

  • MSG can be used as a flavor booster in soups.

  • MSG can be used to enhance the flavors of seasonings. It helps harmonize the different flavors of seasonings in a dish.

How much MSG should you use in each dish? There is a rule of thumb to follow to make sure you do not put in too much MSG. For a pound of meat, only use ½ teaspoon of MSG. For 4-6 servings of soup and vegetables, ½ teaspoon MSG is best. You should know that adding more than the suggested amount of MSG will not make the food taste better. Rather, the food may not come out as delicious as you would want it to be.

For people who need to eat low-sodium meals, MSG will be a great ingredient to replace salt. Salt is used to add flavor to a dish but if you replace it with MSG, the flavor of the dish will be boosted without you using too much salt. You will get that taste that you are looking for yet eat a low-sodium meal.

History of Short Term Apartments

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Today, we can see a lot of publications and signage advertising Tokyo apartments for rent.  Tokyo is one of the most developed and highly urbanized regions in Japan. It has the highest standards for cost of living. The increasing number of visitors in Tokyo prompted the locals to venture into housing business in Tokyo. Tokyo apartments for rent are very high and the demand is great due to influx of tourists in the area. But, what makes Tokyo the most sought places to live? Let us see the history behind Tokyo.

Tokyo apartments for rent

 

Tokyo was originally known as “Edo”, a small fishing village in Japan. The town became the center of military government during the time of Tokugawa Ieyasu. By the advent of 18th century, Edo becomes the largest city in the world with a population of one million. It became Japan’s “de facto” capital when the emperor lived in Kyoto. “Edo” was changed to Tokyo when it became the imperial capital in 1868. In 1869, the young emperor Meiji moved to Edo and since then Edo became the emperor’s residence and made it then the de facto imperial capital. After a while, the city of Tokyo was merged with “Metropolitan Prefecture” of Tokyo.

Tokyo was designed to be the center around major train stations in the turn of 19th century.  Since then, Tokyo evolved into one of the major tourist destinations in Japan. Some foreign nationals in fact, choose to live in Japan as their second home. Several suburban railways were also built to provide access to Tokyo’s thoroughfares. In the 20th century Tokyo was highly devastated, but had recovered. One was the 1923 Great Kanto- earthquake, and the other was the World War II fire bombings in Hiroshima in 1945. After the war, Tokyo has again emerged victorious. Its prominence was show cased during the 1964 Summer Olympics.  And it continue to boom when Narita airport was built. Since then, the population had raised to 11million in the metropolitan area alone.  This huge influx of both local and foreign tourists had given way to the construction of short term apartments to cater to short staying visitors of Tokyo.

 

Japan is Rebuilding Homes Following Earthquake

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No one could ever imagine the devastating effect of “Japan’s Earthquake” that happened last March.  This is an 8.9 magnitude earthquake which was followed by numerous aftershocks. There were about 13,500 people who died in the ‘Tsunami’. Tsunami had resulted after the quake that shook the northern part of Japan. The waves rise up as high as 10 meters high and devoured building, facilities and infrastructures of the beautiful Sendai bay area. Japan’s earthquake that hit Japan this year is the worst since the Kanto earthquake in 1923.

japan's earthquake

News had been covering the disaster for months and even today, the eyes of the world are still in Japan, watching and observing how Japan would cope up with the malady. After the quake and the tsunami aftermath, power went off, water has been scarce, local markets had closed down,  air traffic, trains and substations stopped operating and food had been a problem especially to affected families. Worst the news about the nuclear leakage had worsened the problem. People’s dreams had been shuttered and this is reality that the Japanese people have to face.

Now, after several months had passed, the whole world had calmed down over Japan’s tragedy. However, it is not only Japan that has been hit with the nature’s wrath.  As we can see and read in the news, calamities are all over the world.  Japan was just the first in the century, but there are other calamities that followed after…  all over the globe.  As can be seen, Japan is picking its way back. People are now living normally, covering the fear that the same disaster might strike Japan once more. I forbid not.  Life goes on in Japan. Power is restored at a very short notice, water and other facilities came to life only days after the incident. I could say Japan is very competent in handling their problems. They were able to revive sooner than one could ever think of.  This is not only because of the government’s competence, but what contributed to it was the discipline and cooperation of the Japanese people and the support of international communities as well.

 

Drug Regulations in Japan

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Japanese clinical research organizations, along with their research, have helped with the regulation of drugs in Japan. These rules consist of standard operating procedures which are according to the Japanese rules.  It also provides consultancy to the pharmaceuticals companies. In short, a Japanese clinical research organization provides all kinds of guidelines that are necessary for a pharmaceutical company.

Monitoring of Drugs

Pharmaceutical drugs have shown tremendous improvements in the health and fitness aspect of people. This also backed by the technological advancements in the field of medicine. Using drugs may also sometimes result in adverse reactions. In order to ensure the health of the user, Japan’s Pharmaceuticals and Medical safety bureau regulates policies which include the monitoring of the experiments of a given drug, technicalities of the medicine and after sales services in order to protect the health of nationals.

Fulfilling of the Requirements

“Standards on the Implementation of Clinical Trials on Drugs (New GCO)” is incorporated to monitor the standard of the medicines produced by pharmaceutical companies. It includes the monitoring of scientific as well as ethical standards. This standard compares the drugs produced in Japan with those drugs that are widely recognized and used. This monitoring process enables the pharmacists to fulfill the requirements of a standard drug and promptly provide it to the potential user.

Ensure Safety of Pharmaceuticals

Another major drug regulation rule in Japan is collecting the reason behind an adverse affect of a medicine. By collecting the information, the drug regulation committee, takes immediate action towards the loop holes in the ingredients, fixes the problem, measures the standard and releases the drug in the market for use.

Safety of Blood Products

A very important element of medical treatment is the blood transfusion products which are made up of donated blood and various elements of plasma. The bureau ensures the proper and effective utilization of these products so that many can be benefited with this treatment plan.

Anti Drug Abusing Campaign

In the past few years, the problem of drug abusing is gaining roots in the ground. The bureau in this regard, evolves measures such as tightening up of the drug supply regulations, up gradation of public education, increase international cooperation and to prevent the repitition of abuses in the society.

Unique Things About Japan

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Japan is known as the land of rising sun. The country distincts itself by its beautiful philosophers Geisha and Zen, the most romantic heroic tradition of Samurai, Kabuki theatre, serene gardens and much more. Some of the facts that made Japan inspire the rest of the world are:

1. 15 Nobel laureates belong to Japan. The Nobel awards belong to the field medicine, physics and chemistry.  Japan holds the honor of 1 Gauss Prize laureate too.

2. Literacy rate in Japan is calculated as 100%

3. Its unemployment rate is below 4%

4. 70% of the geography consists of mountains. Japan has over 200 active volcanoes and 6,800 islands.

5. Raw meat of horse is a quite popular food in Japan. This dish is named as Basashi.

6. Known as Kimono, the traditional dress of Japan is loose and long gown type apparel which is tied at the waist with an obi.

7. The most popular musical instrument of Japan is the Koto. Its harp like sound had the original form of a crouching dragon which belongs to many myths of the ancient Japan.

8. Another feature that belongs to the culture of Japan is the Geisha tradition which involves singing, dancing, playing games, simple conversations with people and listening music. The traditional get up of a gown costume, makeover with a whitened face, a properly adjusted black wig and a hand-crafted Kimono makes it unique and distinctive.

9. Japan is the home to the Paleolithic culture since 30,000 B.C

10. World’s 60 percent of the animated series of films and television shows is occupied by Japan. There are over 130 voice acting schools who are serving for this purpose.

11. Ikebana is another uniqueness of Japan. It is the art of arranging flowers. These flowers indicate water, sky and earth which focus on elegant colors, tone and harmony of the design.

12. Wabi Sabi is unique event celebrated by the Japanese. It includes the celebration of things that are worn out with the passage of time such as a worn furniture, wrinkles on the face, cracked household items, etc. here Wabi indicates “humbleness” and Sabi symbolizes “ natural beauty overtime”.

Japanese traditions are now widely being adopted by many other countries of the world in order to give a touch of uniqueness in themselves.

Accounting in Japan

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As an accounting jurisdiction, the state dominates the accounting in Japan. It is in the statute law set for the past 50 years that the accounting in Japan must contribute to the country’s economic growth. Recently, the accounting profession has influenced the accounting practices in a minor way. The accounting profession and audit practices were made after World War II to discipline accounting in Japan and reactivate the Country’s marketing securities. In history, the industrialization of Japan started after the Meiji restoration during 1868.

accounting in Japan

It was in 1890 and 1899 when the first commercial code based on the Franco-German model was established. This model was oriented to creditors and tax collection. The accounting of Japan is a combination of domestic and international influences. During the first half of the 20th century, the French and German accounting influenced it, while it was influenced by the United States in the second half. The second half focuses on the shareholder information. The Shareholder information, which was influenced by the US, is the uniform accounting approach of Japan because the accounting of Japan is based more on tax influence. Japan is on the conservatism and masculinity of cultural classifications because of the Hofstede and Gray’s framework. Still, the accounting of Japan is very different compared to other countries.

The difference between the International Financial Reporting Standard (IFRs) and the Japanese Accounting Standard will be reduced by the joint project recently launched by the International Accounting Standard Board (IASB) and the Accounting Standards Board of Japan (ASBJ). IASB and ASBJ believe that this project will promote and develop international convergence to high quality accounting standards. They also believe that this will help in the development of the global capital market.

Here are the agreements of the rule:

1. The boards will evaluate the differences between the two agencies in accordance to the existing standards based on the respective conceptual framework of each agency. Economic substance or market environments like legal systems are the differences between each other that will be reduced or become equivalent.

2. The boards will address the differences between the agencies according to their respective conceptual frameworks. There will be a subproject for this that will be done on the time agreed by the board.

3. In reaching an agreement, the board must consider their respective due process.

4. The ASBJ will conduct a stud to have an overall picture of the main differences between the standards of Japanese accounting and the IFRSs. They will also identify the topics to be discussed.

5. The boards will implement a phased approach so that they can compare the reviews of the differences between the agencies’ individual standards.

6. This phase will have exemptions.

This is how accounting in Japan will affect the county. It is a big influence in the economy of the country. The project of the International Accounting Standard Board (IASB) and the Accounting Standards Board of Japan (ASBJ) is one of the latest happenings in the field of accounting in Japan. It’s something to study closely especially if you consider starting a business in Japan.

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