Financial world

Japanese: 財界 - ざいかい

At the national and local levels, it is a forum for business managers to interact and engage in activities beyond the boundaries of their companies. Generally, it is divided into central and local business circles, and at the central level, the four business organizations of Keidanren, Japan Chamber of Commerce and Industry, Nikkeiren, and the Japan Association of Corporate Executives are the actual stage, while at the local level, each major economic organization is the actual stage. Originally, the business world is tasked with addressing domestic and international issues from the perspective of the business world as a whole, beyond the interests of individual companies and industries. In fact, activities such as political involvement such as political donations to the ruling party and contact with the bureaucracy, and business diplomacy such as sending missions and regular consultations between business people, have been carried out as contributions to maintaining a good environment for the entire business world. However, in recent years, due to the transformation of industrial structure and international economic friction, it has become difficult to reconcile interests within the business world, and as labor-management relations have stabilized and individual companies have strengthened their own relationships with various political and governmental sectors, the influence of the business world is fading.

Source: Encyclopaedia Britannica Concise Encyclopedia About Encyclopaedia Britannica Concise Encyclopedia Information

Japanese:

国や地方レベルで，経営者が企業の枠をこえた交流と活動を行う場。一般に中央財界と地方財界に分かれ，中央では経団連，日商，日経連，経済同友会の財界四団体，地方では各主要経済団体がその実質的な舞台となる。本来財界は，個々の企業，業界の利害をこえ，経済界全体の立場から国内外の諸問題に当ることを任務とする。実際政権党への政治献金や官僚機構との接触といった政治関与，使節団派遣や経済人同士の定期協議といった財界外交などその活動は，経済界全体にとり良好な環境の維持に資するものとして行われてきた。しかし近年の産業構造転換や国際経済摩擦などで経済界内部での利害調整は難しく，また労使関係が安定し，個別企業が政官各方面と独自の関係を強めるに従い，財界の影響力にかげりをみせている。

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