Dr. Yoshihide Fujioka, Professor of Social Policy, Graduate School of Economics, Kobe University, Japan visited MYRA School of Business as part of his month-long tour in India to identify and understand issues pertaining to the social fabric of the two countries.
His research interests being Economic Sociology of Welfare Policy, he addressed the business students on how economic conditions are different in different countries and that they depend on social relations, local culture and local community. The prerequisites for the market system to function successfully; the principles of Individualistic Liberalism, Contribution Principles, Market Failure,
The role of the government in providing Social Capital and the Redistribution Policies; the Social Security System in Japan -Social Insurance System (Pension Plan, Medical Services, Workers’ Compensations, Employment); and Welfare System for the underprivileged, children and elderly citizens of the country. He explained that corruption is never allowed to be part of the government’s social security system in Japan. The Market, the Community and the Government
He took the students through a journey of his project that applied economic sociology. This project was carried out by his students under his
The talk was well received by the Business Management students as was evident from the intellectual interactions that followed the talk.