Climate Change And North-South Divide: Between and within

December 14, 2007 | Leave a Comment

Author: PRUM Virak

Abstract

The traditional North-South divide has persisted throughout the negotiations on climate change. Divergent state interests made striking a right balance between development and environmental protection an elusive endeavors as negotiators were striving to adopt a global climate regime. Four principles for the international environmental law are of particular concern: the principle of common but differentiated responsibilities, the principle of equity, the precautionary principle, and the principle of sustainable development. With economic development being the overriding priority in developing countries, the negotiations leading to the Kyoto Protocol tend to prove that principles could be interpreted in different ways to fit particular interests. This study explains the confrontation between the north and the south and argues that climate change has by far strengthened the North and South divide both between and within. Accordingly, it concludes that there is a need to devise new principles.

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The Win-win-win Globalization and Japanese Companies

December 14, 2007 | Leave a Comment

Author: HENG Dyna

Summary

Financial globalization is one of the key trends that have reshaped the global economy. Meanwhile, countries have become more interdependent and competitive than ever. With the surge in capital flows, the rise of developing countries, and intensified global competition, how should Japanese companies compete and thrive? I argue that synergy between Japan’s technology and human resources with the rise of financial globalization is a critical factor for Japanese companies’ success in the next stage. Three things need to accompany the synergy. First, Japan needs to leverage the international capital flows. The acquisition of capital will help Japan secure an advantageous position. Second, Japanese companies should remain to be “leading geese” by constantly strengthening their competitiveness and capability of leverage in technology, finance, and human resources. Third, by being “leading geese”, Japanese companies can reinforce their brand image and create more demand for their products through collaboration and leverage of resources in emerging economies. Japan is an export-oriented economy. The threat for the Japanese companies is not only from other countries’ companies, but also from the huge gap between its economic powers and its Asian friends’. To prop up its growth sustainability and further growth, Japan needs to help fill the gap. In this matter, I am convinced that Japanese companies can create demand and renews their brand image at the same time by contributing to the stability and poverty reduction in the region. As Japanese population began to shrink, the efficient utilization of low-wage labor and the acquisition of brainpower in developing countries will help solve the labor-force problem and help expand Japanese companies` operation, share, and brand in the global economy. I believe that the combination of Japanese technology and global capital can produce win-win-win outcomes for the participating stakeholders. It does not only benefit Japanese companies and the capitalists but also help push host countries of investment out of poverty. It is, thus, the interest of Japanese companies to realize that combination.

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Cambodian wins JFTC Essay Competition 2007

December 14, 2007 | Leave a Comment

A Cambodian student has been awarded Prize of Excellence in the JFTC Essay Competition 2007 worth of 200,000 Japanese yens (or about 1,765 US dollars).

The competition is sponsored by Japan Foreign Trade Council, Inc. A total of 82 essays from 22 different countries were submitted for the competition this year, according to the selection committee. None of them was selected for the Grand Prize of 1,000,000 yens.

The Prize of Excellence was awarded to four participants, one of whom was Mr. HENG Dyna from Cambodia.

HENG Dyna, who speaks fluent English and Japanese and is doing his masters degree in Economics in Tokyo-based Hitotsubashi University, titled his submission “The Win-win-win Globalization and Japanese Companies.”

In his essay, he puts forth the compelling argument that Japan should skillfully combine its technology with global capital and developing countries’ human resources to build a win-win-win relationship among the three, according to the comment of the remarks by the selection committee.

Dyna’s essay submitted for the competition can be downloaded HERE in case the web page is removed for some reason!

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