June 6, 2007. Natural Resources versus Human Resources. Makoto Utsumi. President and CEO Japan Credit Rating Agency, Ltd. The Market Economy embraces 5 billion population. U.S.A & Canada Western Europe Japan and some Asian Tigers. Market Economy in 1990.
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President and CEO
Japan Credit Rating Agency, Ltd.
The Market Economy embraces 5 billion population
U.S.A & Canada
Japan and some Asian TigersMarket Economy in 1990
High commodity prices
(small-scale private schools)
15,000 – 20,000 all over the country
Meiji Restoration 1867
The modern Education System promulgated in 1973
Professors and Experts invited
- from the U.S.A. and Europe
- covering all fields in Western civilizations and culture
4 - 5 % of the total budget of each Ministry
(more than 50 % in the case of the Ministry of Industry)
Capacity building of the next generations
Japanese young Elites enlightened
Foreign Professors and Experts
Loyalty to the company to which one belongs
In-house Capacity Building