Please reply to both POST1: (question from the professor) and POST2:
Contrast the following constructs underlying competitiveness and quality
relative to the United States, Japan, and Germany: Cooperation,
high-quality education, labor markets, training, empowerment,
leadership, and teamwork.
POST1: (Question From the Professor)
For twenty-five years since 1994, the Index of Economic
Freedom (IEE) has measured the impact of liberty and free markets
globally. Economic freedom is a fundamental human right to manage your
own labor and property. In economically free societies, governments
permit labor, capital, and goods to move freely, and abstain from
coercion or constraint of liberty excepting to protect and maintain
liberty itself. IEE measures economic freedom departing from 12
quantitative and qualitative factors, grouped into four broad
categories, or pillars, of economic freedom (IEE):
- “Rule of Law (property rights, government integrity, judicial effectiveness)
- Government Size (government spending, tax burden, fiscal health)
- Regulatory Efficiency (business freedom, labor freedom, monetary freedom)
- Open Markets (trade freedom, investment freedom, financial freedom)” (IEE).
Considering that the USA is ranked 12, Germany 24, and
Japan 30. How important do you think is Economic freedom to advance
Dr. Fernando Muniz
IEE. (2019). 2019 Index of Economic freedom. Retrieved on Jun 12, 2019, from https://www.heritage.org/index/ranking (Links to an external site.)
UNDP. (2019). United Nations Development Program: Education Index. Retrieved on Jun 12, 2019, from http://hdr.undp.org/en/content/education-index (Links to an external site.)Links to an external site. (Links to an external site.)
USNews. (2019). USNews: Quality of Life by Country. Retrieved on June 12, 2019, from https://www.usnews.com/news/best-countries/slideshows/top-10-countries-with-a-skilled-labor-force-ranked-by-perception?onepage
Japan vs. US vs. Germany in Terms of Quality and Competitiveness
Japan, US, and Germany, have a few constructs that underlie their
competitiveness and quality standards in their respective countries.
Competitively, Japan has an economic advantage in relation to their
low funded military presence. As of late, their is still a relatively
strong US military presence in Japan, and Japan has paid little for
this. As a result, Japan has more funds available to invest in their
quality of infrastructure and compete with more funds (Zeynalov, 2017).
Their economic structure also is set up in a very intertwined way
between business, government, and finances . As a result, resources
from the government to businesses and vice versa can be transferred more
streamlined, resulting in quick adaptation to the needs at the moment
(Holliday, 2000). In terms of quality, they have a culture that has
been based on mastery of their crafts for many generations, and as a
result there is a low tolerance for failure (Nitobe, 2019). This high
standard for excellence in their culture drives personnel from different
industries to have a higher chance of motivation to excel in their work
(de Brincat, 2014).
In terms of quality and competition, the US has a strong focus on
education and skillwork. These factors together result in the US being
the 5th highest education system in the world, according to the United
Nations (Germany is 6th with Japan 17th) (W.E.M, 2019). Therefore,
there is a higher amount of higher skilled personnel in the US compared
to Japan and Germany, giving them an advantage in quality and
competition (Connor, 2019). The U.S., however, due to the volume and
amount of population, there is a volume of citizens that may experience a
lower quality of life. This can be due to a variety of factors
In terms of Quality and Competition, Germany is not the strongest
educationally of the three, although it is very close according to the
United Nations (5th for U.S. and 6th for Germany) (W.E.F, 2019).
However, an increase in the quality of life can give benefits to quality
and competition standards in it’s country. Quality of life can be
directly linked to higher longevity and higher productivity of their
population, resulting in a competitive edge in quality and competition
Blomquist, G.C. (2006), Measuring Quality of Life, in: R. Arnott and D. McMillen, A Companion
to Urban Economics, Malden Mass.
Connor, P., & Ruiz, N. G. (2019, December 30). Majority of
Americans Support High-Skilled Immigration. Retrieved from
de Brincat, E. (2014). Quality Management in Micro Firms – Myth or Reality? A Maltese Micro Manufacturing Firm Under Review. Anchor.
Fontinelle, A. (2020, January 29). Standard of Living vs. Quality of
Life: Whats the Difference? Retrieved from
Holliday, Ian (September 2000). “Productivist Welfare Capitalism: Social Policy in East Asia”. Political Studies. 48 (4): 706–723. doi (Links to an external site.):10.1111/1467-9248.00279. ISSN (Links to an external site.) 0032-3217.
Nitobe, I., & Bennett, A. (2019). Bushido: The samurai code of Japan.
World Economic Forum. (2019). World Competitive Report. Retrieved on Jun 12, 2019, from http://reports.weforum.org/global-competitiveness-report-2018/
Zeynalov, Mahir (25 December 2017). “Defending Allies: Here is how much US Gains from Policing World”. The Globe Post. Retrieved 10 May 2018.