| Outline of GISPRI's 
            Business Plan for the Fiscal Year 1999
 (From April 1st, 1999, till March 31st, 2000)
Following is the outline 
            of our Business Plan for fiscal year 1999, adopted at the Board of 
            Directors Meeting held on March 1, 1999 
 Introduction 
         GISPRI shall implement 
          the projects listed below to survey and research on various issues concerning 
          global industry and culture, in search of preferable relationships between 
          industry, economy, resources, environment, lifestyles, and culture, 
          from a global viewpoint, and for the concept of global economic society, 
          in order to attain sustainable prosperity of human beings; recommend 
          comprehensive measures for the domestic and international communities; 
          promote international exchanges in these researches; and, thereby, contribute 
          to the prosperity of a global society. 
         1. Research 
          and surveys  
         (1) Research 
          Committees  
              
          Organize the following research committees to conduct research and surveys 
          on assigned subjects: 
         (A) Global Governance 
          Research Committee 
              
          Global issues that are beyond the power of one nation to address, such 
          as environmental problems, international finance issues, and multi-national 
          company activities, are growing in significance. 
              
          Considering such trends, how can we create and apply a system of international 
          governance?  The Global Governance Research Committee, in its second 
          term, will review, based on the outcome of the Comprehensive Security 
          Study Committee, the issues of various international systems, such as 
          international trade systems, investment issues  (WTO), and the 
          organization of the United Nations, with focus on monetary and financial 
          issues in terms of various problems arising as globalization progresses.  
          The Committee will also review the limitation in international cooperation 
          and coordination, and seek the potentials of a new framework. (B) Research Committee 
          to Study Japan's Role in Asia 
              
          In a global economy, Asian economies face an economic crisis where effects 
          have spread to a global scope.  Today, Asian economies have shown 
          greater interests in how Japan, as the Asian economic superpower, is 
          to address the Asian crisis. 
              
          This Research Committee will examine the prospects of Asia 50 years 
          from now, search for a new paradigm of "Japan in Asia", and 
          examine current economic issues in Asia, as well as its future development 
          prospects, beyond the post-war relationship of "Asia and Japan". (C) 21st Century Development 
          Strategy Research Committee 
              
          Based on the results of studies conducted under the 2050 Sustainability 
          Research Committee, this committee will study, continuing from previous 
          year, Japan's role in attaining the sustainable development of a global 
          society, with emphasis on what Japan must and can do to promote the 
          economic growth of developing countries. The 
          Committee lists  and its research subjects are as follows: 
         
           
            Analysis of the issues 
              of least-developed countries and environmentally-vulnerable parties 
              for global sustainable development, and the study of social welfare 
              indices 
           
            Study on framework 
              for harmonious economic development 
           
            Application for international 
              market economy 
           
            21st century development 
              strategy 
           
            Clarification of 
              roles of business entities and NGOs and the policies of nations 
              and local governments 
           (D) Research 
          Committee to Study GDP Alternative Economy Indices      
          People's happiness and satisfaction largely depend on the issues of 
          security, health, and mental enrichment, rather than an economic prosperity 
          as indicated by GDP.  Especially in matured, industrialized societies, 
          factors other than economic indices indicate peoplesユ 
          happiness.      
          If the policy objective of one nation is to make an environment in which 
          each citizen can live contentedly, then what we need is the index of 
          "true prosperity" called Gross Domestic Happiness instead 
          of GDP.  It may be desirable to develop national policies based 
          on such an index.      
          This research committee is to perform surveys and research on what constitutes 
          true prosperity and to review the possibility of developing such an 
          index. (E) Asian Energy 
          Security Research Committee  
              
          The Asian region is prospected to become a massive energy consumption 
          region in the future due to its economic growth and population increases.  
          Especially in East Asia, the economic growth up to the present has been 
          depended upon energy consuming industries such as steel and chemicals.  
          Furthermore, China is likely to have a rapid increase in per capita 
          energy consumption due to the consumption revolution that accompanies 
          economic growth.  On the supply side, however, the oil production 
          in East and Southeast Asia is only 1/10th of the world, and its stock 
          quantity is even around 1/20th of the world, causing a higher dependency 
          on an imported energy supply, except in the case of a few countries.      
          Such a gap between the consumption forecast and the actual supply capacity 
          may lead to various problems in the Asian region (e.g. competition on 
          energy development, sea-lane issue, nuclear power generation and nuclear 
          weapon development, and environmental problems).  Without addressing 
          these problems, the security of a whole region may be threatened creating 
          a situation which may have a significant impact on Japanese security.      
          This research committee will study the energy supply and demand measures 
          for the sustainable development of the Asian region, and review Japan's 
          role in regional energy security.
 (2) Consigning 
          Survey and Research  
              
          GISPRI will consign the following survey and research work to an independent 
          survey and research institution. 
         (a) Research on reaching 
          international agreement on the relationship between economic development 
          and global environmental issues 
         (3) Consigned Survey 
          and Research       
          Conduct survey and research on the following subjects consigned by government 
          and other organizations. 
           
            Review and survey 
              global warming measures; 
           
            Projects on basic 
              surveys for improving energy consumption efficiency in developing 
              countries; 
           
            Survey of Activities 
              Implemented Jointly in China; 
           
            Projects on Climate 
              Change Assessment (IPCC); and 
           
            Survey of energy 
              and environment. 
           (4) Survey and research 
          works with funds from other organizations      
          With financial assistance from the Ion Funds, conduct the following 
          research work 
           
            Research on the way 
              Japan can contribute to the sustainable development of developing 
              countries 
           2. Proposals 
          on polices and measures  
              
          Based on the outcome of survey and research works listed in section 
          A., recommend comprehensive measures to benefit global industry and 
          culture, through discussion with the Global Industry and Culture Committee 
         3. Joint research 
          works  
              
          Continue to maintain mutual cooperative relationships with national 
          and international research institutes such as World Resource Institute, 
          Resource for Future, European Institute on Japanese Studies, Stockholm 
          Environment Institute, and others, and perform joint research works 
          through participation in the following conferences, continuing from 
          the previous year. 
         
           
            China International 
              Cooperation Consultation Committee on environment and development 
           
            Meetings to study 
              coordination of environmental conservation and growth 
           4. Implementation 
          of research meetings and symposia, etc.  
         (1) Seminar 
           
              
          "Workshop on Climate Change" (2)Symposia 
           
              
          "Symposium Asian Economy in Transitional stage and Global Response""Symposium on Studying Coordination between 
          Environmental Conservation and Growth"
 (3) Electronic 
          Forum  
              
          As an electronic forum, GISPRI opens web site on Internet to publicize 
          its research results to domestic and international parties, and to exchange 
          opinions with the general public. 5. Information 
          gathering and disclosure  
              
          Collect and analyze information related to global industries and cultures, 
          and provide the following information 
         
           
            Provide reports and 
              other documents on the outcome of its survey and research activities; 
           
            Publish newsletters 
              "GISPRI Newsletter" (in Japanese), and "GISPRI" 
              (in English); and 
           
            Provide information 
              on the global environment meetings toward business community. 
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