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Deutsches Institut für Japanstudien
Publications
March 8, 2024

New journal article discusses Japan’s digital capitalism and its global relevance

A new journal article by DIJ researcher Harald Kümmerle and DIJ director Franz Waldenberger studies Japan’s consensus-driven approach to data regulation as an alternative to the market-driven US, the state-driven Chinese, and the rights-driven EU models. The authors argue that Japan’s approach is based on soft regulation and aims at striking a balance between privacy concerns and commercial and public interests in the usage of data. They also show that Japan’s COVID-19 countermeasures relied on data strategies fully compatible with its consensual regulatory model. By combining rights-driven and market-driven aspects, Japan can potentially mediate between the EU and the US regimes. Japan’s approach also offers an attractive alternative for countries that do not want to pick a side in the Sino-American competition. “Japan’s ‘consensual’ variety of digital capitalism and its global relevance” was published in Asia Pacific Business Review (online first).