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Analyzing Economies: USA, China, Japan, Russia, India, Korea, and more
"Econ 102" with Noah Smith and Erik Torenberg
Collaboration Over Confrontation
The landscape of foreign investment in Japan is changing, with a shift from discouragement to encouragement, particularly benefiting American companies like IBM. Despite IBM's lack of chip-making expertise, their ability to collaborate with Japanese firms may lead to significant developments in the tech sector. Meanwhile, historical tensions between Japan and Korea have softened, notably due to government actions against hate speech, showcasing a move towards a more inclusive society, though challenges remain in fully realizing the impact of new laws. The collaboration between nations and firms highlights the importance of partnerships in overcoming barriers and fostering innovation.
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