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JBIC
The , JBIC, is a Japanese public financial institution and export credit agency that was created on October 1, 1999, through the merger of the Japan Export-Import Bank (JEXIM) and the Overseas Economic Cooperation Fund (OECF). JBIC became the international wing of the (administered by the Ministry of Finance) established on October 1, 2008. It became independent again from JFC on April 1, 2012. The bank is wholly owned by the Japanese government, and its budget and operations are regulated by the JBIC law. It is headquartered in Tokyo and operates in 18 countries with 21 offices. The main purpose of the institution is to promote economic cooperation between Japan and overseas countries by providing resources to foreign investments and by fostering international commerce. It has a major role in promoting Japanese exports and imports, and the country's activities overseas. The bank's presence can be seen both in developed and developing countries. It tries to contribute to the st ...
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Japan Finance Corporation
, is a Public company, public corporation that provides financial services in Japan and internationally. Its headquarters are located in Tokyo, Japan. Overview JFC is a policy based financial institution whose co-function is the provision of business loans to Small and medium-sized enterprises, SMEs and business start-ups; and educational loans to individuals for school entrance fees and related expenses. All these are with the aim of complement financial activities carried out by privately owned financial institutions as well as improve the living standards of the Japanese people. The company has 152 branch offices in Japan, 2 representative offices overseas, and a workforce of 7,364 employees. History Japan Finance Corporation was founded on 1 October 2008 with the passing of the Japan Finance Corporation Act. This Act led to the merger of four policy-based financing institutions i.e.: * The National Life Finance Corporation (NLFC) * The Agriculture, Forestry and Fishe ...
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Tadashi Maeda (banker)
Tadashi Maeda (born December 1957) is governor of the Japan Bank for International Cooperation. He was previously senior managing director He is a member of the council of the International Institute for Strategic Studies The International Institute for Strategic Studies (IISS) is a British research institute or think tank in the area of international affairs. Since 1997, its headquarters have been Arundel House in London, England. The 2017 Global Go To Think T .... References 1957 births Living people Japanese bankers {{Japan-bio-stub ...
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Japan International Cooperation Agency
The is a governmental agency that delivers the bulk of Official Development Assistance (ODA) for the government of Japan. It is chartered with assisting economic and social growth in developing countries, and the promotion of international cooperation. The OECD's Development Assistance Committee published a peer review of Japan's development co-operation in October 2020. It was led by Dr. Shinichi Kitaoka, the former President of the International University of Japan, from 2015 to 2022. On 1 April 2022, Professor Akihiko Tanaka assumed the presidency of the Japan International Cooperation Agency (JICA) as the successor to Professor Shinichi Kitaoka. History JICA's predecessor, the previous Japan International Cooperation Agency (also known as "JICA"), was a semi-governmental organization under the jurisdiction of the Ministry of Foreign Affairs, formed in 1974. The new JICA was formed on October 1, 2003. A major component of the comprehensive overhaul of Japan's ODA decided by ...
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Export Credit Agency
An export credit agency (known in trade finance as an ECA) or investment insurance agency is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions and guarantees for financing. The financing can take the form of credits (financial support) or credit insurance and guarantees (pure cover) or both, depending on the mandate the ECA has been given by its government. ECAs can also offer credit or cover on their own account. This does not differ from normal banking activities. Some agencies are government-sponsored, others private, and others a combination of the two. ECAs currently finance or underwrite about US$430 billion of business activity abroad – about US$55 billion of which goes towards project finance in developing countries – and provide US$14 billion of insurance for new foreign direct investment, dwarfing all other official sources combined (such as the World Bank and Regio ...
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Foreign Aid Institutions Of Japan
Japanese Foreign Aid Institutions Japan has three government institutions involved in disbursing foreign aid: the Japan International Cooperation Agency (JICA), and the Japanese Bank of International Cooperation (JBIC). This is now the nodal agency for all Japanese concessional loans, and replaced Japan Export-Import Bank (JEXIM) and the Overseas Economic Cooperation Fund (OECF) in 1999. JICA Since joining the Colombo Plan in 1954, Japan has been providing financial and technical assistance to developing countries through ODA, aiming to contribute more proactively to the peace, Stability and prosperity of the international community. JICA is in charge of administering all ODA such as technical cooperation, Finance and Investment Cooperation and Grants in an integrated manner, except for contributions to international organisations. JICA, the world's largest bilateral aid agency, works in over 150 countries and regions and has some 90 overseas offices. Founded in October in 2003 J ...
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Japan–United States Relations
International relations between Japan and the United States began in the late 18th and early 19th century with the diplomatic but force-backed missions of U.S. ship captains James Glynn and Matthew C. Perry to the Tokugawa shogunate. Following the Meiji Restoration, the countries maintained relatively cordial relations. Potential disputes were resolved. Japan acknowledged American control of Hawaii and the Philippines, and the United States reciprocated regarding Korea. Disagreements about Japanese immigration to the U.S. were resolved in 1907. The two were allies against Germany in World War I. From as early as 1879 and continuing through most of the first four decades of the 1900s influential Japanese statesmen such as Prince Iesato Tokugawa (1863–1940) and Baron Eiichi Shibusawa (1840–1931) led a major Japanese domestic and international movement advocating goodwill and mutual respect with the United States. Their friendship with the U.S. included allying with seven U ...
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Natural Resources
Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. On Earth, it includes sunlight, atmosphere, water, land, all minerals along with all vegetation, and wildlife. Natural resources is a part of humanity's natural heritage or protected in nature reserves. Particular areas (such as the rainforest in Fatu-Hiva) often feature biodiversity and geodiversity in their ecosystems. Natural resources may be classified in different ways. Natural resources are materials and components (something that can be used) that can be found within the environment. Every man-made product is composed of natural resources (at its fundamental level). A natural resource may exist as a separate entity such as fresh water, air, as well as any living organism such as a fish, or it may be transformed by extractivist in ...
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Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ...
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Financial Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. Si ...
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US Military
The United States Armed Forces are the Military, military forces of the United States. The armed forces consists of six Military branch, service branches: the United States Army, Army, United States Marine Corps, Marine Corps, United States Navy, Navy, United States Air Force, Air Force, United States Space Force, Space Force, and United States Coast Guard, Coast Guard. The president of the United States is the Commander-in-Chief of the United States, commander-in-chief of the armed forces and forms military policy with the United States Department of Defense, Department of Defense (DoD) and United States Department of Homeland Security, Department of Homeland Security (DHS), both United States federal executive departments, federal executive departments, acting as the principal organs by which military policy is carried out. All six armed services are among the eight uniformed services of the United States. From their inception during the American Revolutionary War, the U.S. ...
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Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 million residents ; the city proper has a population of 13.99 million people. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island. Tokyo serves as Japan's economic center and is the seat of both the Japanese government and the Emperor of Japan. Originally a fishing village named Edo, the city became politically prominent in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was moved to Edo, which was renamed "Tokyo" (). Tokyo was devastate ...
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Private Sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinatio ...
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