Throughout the United States, the importance of Japan is striking, bringing in billions of dollars to the economy. At two upcoming forums in Cleveland and Philadelphia, Sasakawa USA in collaboration with the East-West Center (EWC) and several partner organizations, will present details on the impact of the U.S.-Japan relationship in Ohio and Pennsylvania.
Ohio, for example, is home to 152 Japanese-owned firms that support 53,100 jobs. In 2013, exports to Japan brought in $1.5 billion to Ohio, while Japanese students contributed $11 million to the state’s economy and Japanese tourists provided an additional $277 million. Looking at the same statistics for Pennsylvania presents a similar picture — the state is home to 74 Japanese-owned firms that support 23,100 jobs. Exports to Japan in 2013 brought in $2.7 billion, while Japanese students contributed $17 million to the state’s economy, and Japanese tourists provided an additional $429 million.
At both events, Sasakawa USA and the EWC will partner with the Peterson Institute for International Economics (PIIE). The local host organization in Cleveland on October 18 is the Cleveland Council on World Affairs, while in Philadelphia on October 20, it will be the World Affairs Council of Philadelphia. The events will include panel discussions on topics such as the strategic importance of U.S.-Japan relations, U.S. economic interests in Asia and Japan, and Japan’s footprint within Ohio and Pennsylvania.[perfectpullquote align=”full” cite=”” link=”” color=”” class=”” size=””] The U.S.-Japan relationship as a whole is one of the closest, most wide-ranging, and constructive bilateral partnerships in the world. The United States and Japan are global powers by the size of their economies, ranking first and third, respectively, as well as per capita wealth, investment and trade relations, quality of life, and military spending [/perfectpullquote]
Both events will bring together experts on economics and security to present important data and facts about how the U.S. relationship with Japan impacts us at the national, state, and district levels. The delegation of speakers will include Adm. Dennis Blair, Chairman and CEO of Sasakawa USA and Dr. Satu Limaye, Director of the EWCW. In Cleveland, Dr. Marcus Noland, Executive Vice President of PIIE, and Dr. Fukuo Hashimoto, President and Chief Scientist of Advanced Finishing Technology, will also speak.In Philadelphia, speakers also will include C. Fred Bergsten, Senior Fellow and Director Emeritus of PIIE, and Ronn Cort, President and COO of Seisui SPI.
“The U.S.-Japan relationship as a whole is one of the closest, most wide-ranging, and constructive bilateral partnerships in the world. The United States and Japan are global powers by the size of their economies, ranking first and third, respectively, as well as per capita wealth, investment and trade relations, quality of life, and military spending,” Dr. Limaye and Adm. Blair wrote in a co-authored op-ed in advance of the event. “…And a significant portion of this economic impact can be seen directly in [Ohio and Pennsylvania].”
Both events are open to the public. View more details below.
To view more data on Japan’s relationships with Ohio, visit the East-West Center and Sasakawa USA’s joint project Japan Matters for America, which uses mostly U.S. government data to highlight the range, depth, and importance of relationships between the United States and Japan.