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-query word : Globalization
International Education in the Era of Globalization – The Case of Japan
An Administrators Meeting of the Tokyo Foundation’s world-scale Sylff endowment program will be held in Japan in November, to be attended by representatives of 69 universities in 44 countries. The meeting will be hosted by Ritsumeikan Asia Pacific University (APU) in Beppu, Oita. The following is a report on the internalization of Japanese universities by Professor Edgar Porter, pro-vice president for International Affairs and Faculty Development at APU.
Read More …1. Two Views of Capitalism
The 2008 global financial crisis has been a testament to the failure of Adam Smith’s basic neoclassical principle: that making capitalism purer would bring the economy closer to an ideal state. While globalization improved the efficiency of the capitalist economy and brought about a high level of average growth for the world, it produced massive instability, demonstrating the inevitable trade-off that exists between efficiency and stability.
Read More …Introduction: Toward the “Second End of Laissez-Faire”
“Globalization” can be understood as a grand experiment to test the laissez-faire doctrine of neoclassical economics, which claims that a capitalist economy will become more efficient and stable as markets spread deeper and wider around the world. The “once a century” global economic crisis of 2007-9 stands as a testament to the failure of this grand experiment.
Read More …Contemporary World Politics and China’s Role
Professor Wang Jisi, dean of the School of International Studies at Peking University, spent roughly one month in Japan as a visiting fellow at the Tokyo Foundation in March and April 2009. As China’s foremost expert on international politics, Professor Wang is known as a highly influential scholar on the country’s foreign policy.
Read More …Global Financial Crisis Shows Inherent Instability of Capitalism
What can we learn from the global financial and economic crisis? A prominent Japanese economist explains how it reflects the inherent instability of capitalism and reveals the failure of the neoclassical experiment.
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