THE JAPANESE EXPERIENCE

The Japanese Experience ~ 183 ~ This realistic attitude has greatly benefited the Japanese in many respects. For instance, this makes it possible for them to place their trust in one another. They thus save the time and money they would otherwise expend on lengthy legal documents. There are fifty thousand lawyers in the U.S.A., while there are only 11 thousand in Japan. Such legal experts are just not in demand. Most of the commercial institutions place their trust in verbal understandings. Formerly it was practised only among the Japanese, but now foreign investors have also started to take advantage of this practice. Avoidance of unnecessary legal obligations invariably speeds up the work. Essentially, such an outlook gives rise to unity. It is undoubtedly the greatest force that contributes to the success of a nation. In the words of an expert on Japanese affairs the secret of Japan’s success lies in “never quarrelling amongst themselves, always doing everything together,” (The Hindustan Times, April, 1981).