Energy costs increased substantially and the yen's exchange rate was shifted to a floating rate. The eventual recession reduced expectations of future growth and reduced private investment. Economic growth went down from 10% to 3.6% during the perio Continue Reading...
The government made several key policy changes to provide selected firms a strong start. Two crucial policies during this period are the import-substitution industrialization (ISI) and export promotion (EP). ISI allowed government selected firms in Continue Reading...
Japan Major Cities and Transportation Networks in Japan From the vantage point of our own car-obsessed and sprawling American nation, it is difficult to conceptualize the vast network of high-speed bullet trains that links most major Japanese citie Continue Reading...
Japan's Economic Crisis Japan is currently in its worst recession since World War II. The country's economy slowed dramatically in the early 1990s after the bubble economy of the 1970s and 1980s. Section 2.0 takes a detailed look at what caused Japa Continue Reading...
Japan has been, for the past ten or twelve years, a miracle of contradictory economic factors. Japan experienced little inflation, little economic growth, a deterioration in trade, more government spending than previously, and unreliable savings and Continue Reading...
Loosening Up From their traditional tight spending habits, Japanese consumers are learning from past lessons and letting loose and letting go on expenses (Gordon 2006). This phenomenal change of behavior is deemed to benefit not only their deflati Continue Reading...
This "crippled operations" not only in local businesses but in companies located in the most affected regions that supplied materials for manufacturing. In other words, Japan suffered from a shutdown of many companies that provided certain parts for Continue Reading...
economic systems of South Korea and Japan South Korea and Japan which are two emerging countries have had an extremely close economic relationship between them that dates back from the ancient times of the countries to the present. As a result of t Continue Reading...
Japan be seen as a Model for Understanding of 'Asian Modernities' This is an essay which explores the reasons behind the perception of the west which regards Japan as a model of Asian Modernities'. It has 5 sources. Gender studies have revealed th Continue Reading...
Exploring the Future of Arab-Japan Relations in a Changing Energy LandscapeIntroductionIn an era of evolving energy landscapes and geopolitics, the future of Arab-Japan relations, particularly with the United Arab Emirates (UAE), is under scrutiny. T Continue Reading...
Japan On January 29th, 2016, the Japanese government instituted a negative interest rate for the first time in history. The stated objective of this policy is to "encourage banks to lend, business to invest and savers to spend," but the policy has c Continue Reading...
Economic Trends In terms of output and growth, Canada's real GDP was 2.96% higher than it was a year ago, but the growth trend is slowing down from a growth rate high of 3.81% in Q3 2010. Japan's economy has contracted in Q2 2011 by 0.76%. It's rate Continue Reading...
Economics Mexico; How Interest Rates Can Be Used to Manage an Economy The management of the economy, undertaken with strategies from the government and decision fro the central bank, is usually undertaken with the aim of promoting and supporting a Continue Reading...
Economics The situation in the European air cargo industry bears many hallmarks of a cartel, and this was the finding of the European Commission. The OECD (2002) defines a cartel as "a formal agreement among firms in an oligopolistic industry… Continue Reading...
Economic Policy and the National Debt Ironically, when governments overspend they typically find ways to refund or restructure debt -- when individuals or corporations within those countries do the same, the consequences are quite different. Money m Continue Reading...
The Japanese economy stagnated since 1990: when real Gross Domestic Product (GDP) grew at an average of just 1.2%. Since 1995, growth was extremely slow averaging less than 0.7% on year-to-year basis." ("Banking Crisis... "5) During the last quar Continue Reading...
Japan's Economic Crisis Following the United States terrorist attacks on September 11 and the outbreak of mad cow disease, economic analysts are predicting the onset of a deepening recession in Japan. Some are even referring to the possibility of a Continue Reading...
Japanese inflow has not been as productive, due to ongoing bans by the country that were only relaxed in the last decade. Because of this, in 2003, Prime Minister Junichiro Koizumi announced that the government aims to double foreign direct investm Continue Reading...
Japan I do not think that Japan avoided the monstrous hybrid trap. The monstrous hybrid can manifest itself as a government entity using guardian methods to impact on commerce. During the economic rise of Japan, this was very much the case, as the g Continue Reading...
Employment for life and other inefficiencies valued by the Japanese public were becoming threatened. This had the effect of shocking consumer confidence, but the corporate world became stuck, knowing that the systems would need to be changed but see Continue Reading...
Additionally, relocating the production facilities helped avoid any protectionist practices that the U.S. government might have applied in the case of Japanese car producers and exporters. On the other hand, relocation was doubled by strong austeri Continue Reading...
Economic growth between U.S. And China The ascend of China from a deprived, moribund state to a most important financial supremacy within an instant period of merely 28 years is frequently depicted by psychoanalysts as one of the most monetary trium Continue Reading...
Economics Is the U.S. really recovering faster than the EEC and Japan-Asian trading partners? The economic climate improved for all during the second half of 2003. However, the U.S. recorded a more accelerated upturn during this period that many at Continue Reading...
Economic Situation Looking at the economy from a macroeconomic viewpoint means looking at a more broad approach to individual economic factors, weighing those factors, and making a determination as to whether the economy is stable and improving for Continue Reading...
"The explosive growth of the global economy threatens the natural systems that sustain life on Earth. Despite some significant successes in reducing industrial pollution and increasing efficiency, globalization is devastating natural habitats, speed Continue Reading...
Economic Events: 1980-1989 the decade of greed. The era of Ronald Reagan when the rich got richer and the poor got poorer. Despite this common wisdom, 1980 started off auspiciously. On May 8, 1980 the World Health Organization hailed "one of the cen Continue Reading...
Capital stock in Vietnam has increased manifold in the past decade, and has fuelled the country's strong economic growth. Vietnam does not have extensive natural resources. Most of the country is heavily farmed. The country is self-sufficient in oi Continue Reading...
There are four hypotheses about this: Some industries are more productive and create more high-wage jobs. Some industries are faster growing and contribute more to economic growth. Some industries do more to improve productivity in other sectors. Continue Reading...
For the first time in many years, nations like Japan can no longer guarantee employment for their large population and they must consider a new welfare option. These are all economic situations that are new and indicate that population has an advers Continue Reading...
Countries that are just getting started often use tariffs, quota, and embargos to protect their industries until they can compete without government help. The difficulty with this infant industry argument in support of trade restrictions is that it Continue Reading...
Economics The condition of global financial stability implies that the world's financial institutions are healthy, that macroeconomic risks are within normal bounds and that the risk environment including appetite for risk is at normal levels (IMF, Continue Reading...
Further, while inequality may have increased, on average, within countries, inequality measured across all the people of the world, may actually be falling. Pritchett does not address this issue. In addition, Pritchett provides no explanation of why Continue Reading...
Indeed, the comment cited above underscores the ire which Japan has earned by functioning as one of the world's chief exporters while failing to invest itself in any meaningful aspect of importing. Likewise, it has resisted foreign investment and co Continue Reading...
Economic Inequality There are certain specific factors associated with the rich. As along as one can afford decent shelter, sumptuous meals; better education and access better health care then such a person cannot be said to be poor. It is so natura Continue Reading...
Inevitably, the level of economic development has a direct contact with the marketing strategy of a company. Basically a company's marketing strategy is a mixture of three things which are distribution, promotion and pricing. Companies usually make Continue Reading...
Economic development of Eastern and Western Europe over the course of the nineteenth and twentieth centuries obviously differed, but not to the extent that historians or economists have frequently imagined. Put simply, the economic histories of Easte Continue Reading...
The Thai foreign minister Nitya Pibulsonggram was reported saying that Thailand is not willing to renegotiate with the Japanese authorities on controversial economic agreement. The Thai government expressed its concern over the pertinent issues of t Continue Reading...
Toward the end of the decade, Wall Street investment firms began hiring PhDs in mathematics and physics to create incredibly complex algorithms capable of modeling elements of the stock and futures markets. In most cases, the creators of these algor Continue Reading...
Japan & Korea -- Post War Japan, Korea, and the United States: Comparisons & Contrasts What will the be the role of the U.S. going into the future vis-a-vis Japan and Korea? Now that Kim Jong-il has died and his son is taking over in the hi Continue Reading...
