Takahiro Miyao's Radio Institute of Global Communications: No. 25, November 6, 2005

Takahiro MIYAO (Professor, GLOCOM)

Partial transcript and translation from Prof. Miyao's Radio Program, posted here with permission of Radio Nikkei

Takahiro Miyao's Radio Institute of Global Communications: No. 25
Radio Nikkei daiichi hoso ; BS Radio Nikkei 300 ch.
Broadcast time:	November 6 (Sunday) 19:00-19:30
Recording place:	Recorded in Radio Nikkei's Studio
Program:	1. Introduction 2. Virtual Discussion 3. Trend Research 4. Concluding Remarks
Audio:	Radio Program  (Windows Media Player) (Mainly in Japanese but some parts in English) Asia Station Web site (in Japanese)

Introduction

Hello, everyone? Now we are in a middle of the fall season, and some of you may be enjoying viewing some beautiful foliage. Today, I will first take up an important article “Strategic Recommendation for Sustaining and Expanding Japanese FDI in ASEAN” written by Waseda University Prof. Toshihiko Kinoshita, who is quite knowledgeable about the political and economic situation in Southeast Asia. Then we will have an interview with Mr. Haseo Nakanishi, film music composer and arranger, who is with us in this studio today, and will talk about some problems surrounding Japanese film making and his involvement in establishing a film school in Los Angeles.. It should be quite interesting, so please stay tuned.

Virtual Discussion

First, I would like to take up an important article, “Strategic Recommendation for Sustaining and Expanding Japanese FDI in ASEAN” written by Waseda University Professor Toshihiko Kinoshita. This is an abridged version of Prof. Kinoshita's presentation at the Roundtable Seminar on Japanese FDI in ASEAN, which was co-sponsored by the ASEAN Secretariat and UNCTAD and held in Jakarta, Indonesia on September 8, 2005.

Toshihiko KINOSHITA clarifies the difference in determinants between FDI (foreign direct investment) and trade, and maintains that FDI involves a complex process of decision-making as well as a complex system of regulation and approval by host countries. For both foreign investors and host countries, investment climate is crucially important, where climate is determined by political stability, cost factors, policy consistencies, macro-economic management, general attitude toward foreign investors and FDI projects, economic infrastructure, taxes, etc. In the case of ASEAN countries, the current issue is to have strong political will on the part of the government to execute necessary policies and reforms and to be quick and flexible in responding to investors’ needs and requests to increase FDI in the future.

Trend Research

Today, we have an interview with Mr. Haseo Nakanishi, who is now with us in this studio. Mr. Nakanishi has been a very active film music composer and arranger in Hollywood, and is now working with some Japanese movies in Japan.

(A summary of the interview with Mr. Nakanishi can be seen in the November issue of our Newsletter: http://www.glocom.org/newsletters/newsletter_20051031.pdf)

Concluding Remarks:

If you have any comment on today’s program, please contact us through our Radio Nikkei homepage (www.radionikkei.jp/joho). Actually you can hear our past broadcast program through our homepage. I hope you enjoyed today’s program. Our next program will be on the first Sunday in December, that is, December 4. See you then.