Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Should Indonesia scrutinise China-funded projects? Report flags debt risk but also benefits
  • Villepin, a Hong Kong gallery with Indian roots, changes its interiors with every new show
  • Three Indian galleries expand their presence in London with a unique showcase
  • A depressed art market may present a historical buying opportunity, say CKGSB and SDA Bocconi
  • Rachel Reeves speech – how finance system changes affect you from mortgages to shares
  • Dales art gallery given approval despite ‘open countryside’ concerns
  • Statewide Effort Launched To Prevent Cryptocurrency Scams
  • National Gallery’s revamped Singapore gallery spotlights more women and minority artists
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Investments»Sustained and Strategic Investments Needed for US-Japan Collaboration – The Diplomat
Investments

Sustained and Strategic Investments Needed for US-Japan Collaboration – The Diplomat

April 5, 20244 Mins Read


A “historic” visit will take place, according to the U.S. Deputy Secretary of State, when President Joe Biden hosts Japan’s Prime Minister Kishida Fumio for a state visit on April 10. During the second such state visit since 2015, Kishida will, at the urging of a bipartisan group of Senators, speak at a joint session of the U.S. Congress and attend the first-ever U.S.-Japan-Philippines trilateral summit. The visit signifies the crucial importance of the U.S.-Japan alliance in the context of rising geopolitical tensions and economic competition in the Indo-Pacific region.

Sadly, we cannot take the current strong partnership for granted, as Japan expertise in the U.S. is declining. Few U.S. donors support the development of future American leaders with a nuanced understanding of Japan and personal ties with Japanese public intellectuals and decision-makers. This is despite a strong foundation to do so, including long-standing historic and cultural ties, a shared global agenda for “competitiveness and resilience” as two leading democracies, and American good will toward Japan, with polls showing 80 percent of Americans view Japan favorably. The two countries also have ongoing programs that have helped build informal ties between people, including the Japan Exchange and Teaching Program, funded by the Japanese government, 38 Japan-America societies and other non-governmental organizations across the U.S., and over 450 sister-city relationships.

Today, only a few Japan-focused programs in the U.S. are promoting intellectual exchanges and policy dialogues between the two countries, or training a new generation of professionals who learn together and from each other, building ties that can translate into shared global leadership. In the past, international-minded donors such as the Ford Foundation supported intellectual exchanges and Japan studies for Americans, participants from which became the backbone of our alliance building and shared agendas. Their support helped our country understand a rising economic power. The present low level of philanthropic support reflects the fact that Japan is no longer a “problem”; that China is of greater concern; and serious problems at home such as racism, gender inequality, and poverty urgently need attention. 

Japanese philanthropic support has also waned compared to the post-war period when American giving was often matched by Japanese corporations. Changes in the tax system, among other reasons, drove down corporate and private foundation support. Looking ahead, slow economic growth and a weakened yen offer little hope for new funds, despite the recent rise in stock prices.

Besides scholarships and fellowships, short-term exchange programs can provide the necessary opportunities for future American leaders to witness Japan firsthand and have in-person dialogues with Japanese leaders and counterparts. These programs can be designed as a weeklong study tour in Japan for a delegation of emerging American experts or a strategic dialogue between leading and emerging experts from each side and across sectors to exchange and align their views on key challenges in the region. Some of the current leaders in U.S.-Japan relations were indeed young participants in these kinds of programs in previous decades. 

Programs for members and staff of the U.S. Congress will particularly benefit from U.S. private foundation support, as Congressional ethics rules limit who can support Congressional travel overseas. But U.S.-Japan programs should also target participants beyond the policy community in Washington or the business community in New York. The underpinnings of U.S.-Japan relations can be strengthened through investments in regional leaders in places outside of these traditional targets.

Providing seasoned but busy experts with opportunities to spend time with the Japanese in Japan, away from the distractions at home, goes a long way to strengthen their appreciation for the country. Yet these opportunities are unfortunately hard to come by. Despite having general affinity toward Japan, most Americans will find it challenging to travel to Japan and engage in substantive dialogues or research there on their own initiative given geographical distance, language and cultural differences.

Japan may not be an immediate problem for the U.S., but our relationship will become a problem if we do not invest in it and the professionals required to foster cooperation. Does Japan need to be a problem to get our attention? Is there a better country for the U.S. to partner with than Japan to protect America’s vital interests in the region? The U.S. needs more American experts in a range of fields to develop collaborative ties to Japan on a host of shared issues. They do not grow overnight. We need longer-term, sustained and strategic investment in nongovernmental efforts to nurture them. 

This piece was originally published by The Alliance Magazine and is reprinted with permission.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Should Indonesia scrutinise China-funded projects? Report flags debt risk but also benefits

July 16, 2025 Investments

Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

July 15, 2025 Investments

Here’s How To Diversify Low-Risk Investments | Business News

July 15, 2025 Investments

Uncertainties Fade, Opening Door To New Investments

July 14, 2025 Investments

Trump to unveil $90 billion in US AI and energy investments

July 14, 2025 Investments

Trump to announce $70 billion in AI and energy investments

July 14, 2025 Investments
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Should Indonesia scrutinise China-funded projects? Report flags debt risk but also benefits

July 16, 2025 Investments 2 Mins Read

Indonesia must tighten oversight of Chinese-funded infrastructure projects to maximise their economic benefits while guarding…

Villepin, a Hong Kong gallery with Indian roots, changes its interiors with every new show

July 16, 2025

Three Indian galleries expand their presence in London with a unique showcase

July 16, 2025

A depressed art market may present a historical buying opportunity, say CKGSB and SDA Bocconi

July 16, 2025
Our Picks

Should Indonesia scrutinise China-funded projects? Report flags debt risk but also benefits

July 16, 2025

Villepin, a Hong Kong gallery with Indian roots, changes its interiors with every new show

July 16, 2025

Three Indian galleries expand their presence in London with a unique showcase

July 16, 2025

A depressed art market may present a historical buying opportunity, say CKGSB and SDA Bocconi

July 16, 2025
Our Picks

The art market has become a hamster wheel — can its players afford to step off?

July 15, 2025

Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin updates; check prices, m-cap, more

July 15, 2025

Red Deer Museum + Art Gallery bringing back Heritage Day Hootenanny

July 15, 2025
Latest updates

Should Indonesia scrutinise China-funded projects? Report flags debt risk but also benefits

July 16, 2025

Villepin, a Hong Kong gallery with Indian roots, changes its interiors with every new show

July 16, 2025

Three Indian galleries expand their presence in London with a unique showcase

July 16, 2025
Weekly Updates

The Art of Cutting Your Losses

March 25, 2017

Availability of the 2023 Universal Registration Document, including the Annual Financial Report

April 5, 2024

How AI will transform wealth management

October 20, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.