Japan was world-beating in what categories 30 years ago (1993)? It wasn't computers. Cars? Toyota is still #1 in the world. What else? Phones (no).
> Japan has dozens of payment systems but how many of them are competing outside Japan?
Why would they? Japanese companies speak Japanese and make things for Japanese. The exceptions are just that, exceptions.
And to be clear, my point is why is Japan called out for this? Where's the article that Germany is a failure because they don't have a global payments competitor? How about France? India? China? Why is only Japan that gets this special "you're a failing country because you don't have a global payment offering"
> Japan has dozens of payment systems but how many of them are competing outside Japan?
Why would they? Japanese companies speak Japanese and make things for Japanese. The exceptions are just that, exceptions.
And to be clear, my point is why is Japan called out for this? Where's the article that Germany is a failure because they don't have a global payments competitor? How about France? India? China? Why is only Japan that gets this special "you're a failing country because you don't have a global payment offering"