Decoder: Why Japan matters more than ever

Decoder: Why Japan matters more than ever

Japan remains a global economic powerhouse and is becoming an ever closer political partner of the West. People walk at a pedestrian crossing in Ginza shopping district in Tokyo, Japan, 31 March 2023. (AP Photo/Eugene Hoshiko)  This article was produced exclusively...

ND correspondent and Asia specialist John West takes students to Japan in this Decoder explaining the island nation’s growing geopolitical importance and evolving defense strategy. Ranked the 17th-most democratic country in the world ahead of both the United States and France, Japan remains a key Western ally in a region fraught with tension.

Exercise: Geography has always played a significant role in the founding of civilizations and countries, shaping a nation’s economy and security. Launch a class discussion about how Japan’s geographic location and topography may have influenced the developments described in the article. Then, have students brainstorm how your country’s own geographic location (and geographic features like mountains, water sources, etc.) affects its role and influence on a world stage. This exercise is particularly well-suited to be a complementary lesson after students learn about the conditions of Japan’s surrender after World War II, highlighting the lasting effects of history in the present day.

When nations go deep in debt, it’s one giant I.O.U.

When nations go deep in debt, it’s one giant I.O.U.

If you owe too much money and can’t repay it, you could lose your car or home. Can a nation have too much debt? What happens then? Currencies from around the world. Getty Images. During the pandemic, businesses closed, people went into lockdown and governments...

Economic issues often confound students – and adults alike. The U.S. has hit its debt ceiling and Italy and Japan are dealing with massive amounts of national debt. But what does that mean and how does that differ from money a student’s family might owe – like a home mortgage or car loan? This month, Correspondent Tiziana Barghini decodes national debt, taking us through this complicated and timely topic.

Exercise: Give students a list of national budget expenses such as defense, food stamps, aid to public schools, road maintenance and construction, public safety etc., with percentages of the budget for each that add up to 92%. The other 8% will be interest payments on national debt. Then increase the percentage for the debt and have students try to get the overall number back to 100% by cutting spending elsewhere. As the payments on the debt go up, where will they find the money to pay it?

Tag: international economy