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...
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'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...
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...
China's Economic Challenge to the U.S. The rise of China as an economic superpower has occurred against the backdrop of increased globalization and the explosive growth of the developing world and the other BRICS nations (Brazil, Russia, India, and Continue Reading...
Chaebol Korea's Economic Development Korea's economy has been focused on developing the chaebol and export markets, as well as on the growth of existing industries. The country's economic strength thus lies in its export-dependent businesses. The p Continue Reading...
Citizens in the region's poorest countries, Paraguay and Honduras, make just above $4,000 per year, while those in the wealthiest countries, Chile and Mexico, make almost $15,000. The institutional legacy in the region is one clouded by inequality 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...
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...
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...
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 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 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...
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...
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...
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...
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...
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...
Economic System of Mexico Mexico, which is officially United Mexican States, is a country that is bordered by the United States, the Gulf of Mexico and the Caribbean Sea; Belize and Guatemala; and the Pacific Ocean (Concise Columbia, 2000). The coun 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...
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...
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...
The number of educational institutions remained the same and child labor has also stagnated. Entrepreneurs were still allowed to employ children, which they did moreover when they paid them lower wages. Just like with the Meiji Era, the British Ind Continue Reading...
This also determined the development of tourism in Bahrain. The economic development of the country and the local culture has attracted an important number of tourists that are interested in visiting Bahrain. This also helps continue the tradition Continue Reading...
Economic Development and Trade In an era of increased globalization and advancements in technology, it has become increasingly important for all of the nations of the world to keep bringing improvements in their economic infrastructure and to expand Continue Reading...
One can therefore expect that Israel will benefit from an increase in knowledge-based industry that will continue to power employment and GDP growth. Investment Investment is a triple indicator: relative attractiveness of the country, the type of Continue Reading...
The U.S. And Allies (including Australia) wanted nothing less than a total defeat of Japan. The Allies began beefing up their "…line of communications across the southern Pacific to Australia" and America also strengthened bases in Alaska, Haw 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...
CHINA'S IMPROVING ECONOMY SUSPECTED PROBLEMS FINANCIAL OPPORTUNITIES FOR PARTCIPATING NATIONS CHINA'S MOST SURPRISING TURN GDP INFORMATION CHINA'S IMPROVING ECONOMY China has been an independent nation since the beginning of time, specifically Continue Reading...
These include: the European Union, China, India, and Japan. Clearly, what many Americans perceive to be simply an economic problem in the United States, has far reaching effects around the globe. Works Cited Barba, R. "Centra Returns TARP Money." Continue Reading...
Mexico Economic and Political Situation in Mexico In recent years, the economic and political situation in Mexico has fallen under international scrutiny, and as a result, critics have analyzed the country's policies toward exchange rates, foreign Continue Reading...
disrupting America's economic system is a fundamental objective of terrorists Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: di Continue Reading...
Introduction The Free and Open Indo-Pacific Strategy is a term describing a strategy championed by the United States and other Pacific Rim democracies, along with India, to promote democracy and economic growth in the region. The use of the term &quo Continue Reading...
Economic Globalization a positive trend? In order to fully understand the complexities of economic globalization, one must first sufficiently define the term in regards to how it is viewed in today's world. Thomas L. Friedman defines globalization Continue Reading...
Economic Reform in Russia Since 1992, Russia has undergone a complex process of economic transition. It is a process that has been made more difficult due to the lack of theoretical and practical guidelines on the problem of transforming a communist 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...
Japan and Korea Occupation How and why did the Allied occupations of Japan and Korea differ? Allied occupations of Japan and Korea date backs to year 1945 when World War II got ended. Both the occupations occurred as a consequence of victory of all Continue Reading...
Economic Development of China and Korea China and Korea, not exactly highly developed countries, but carry a mystique about them that intrigues everyone in the United States. Two countries, on the verge of emerging into their full economic potential 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...
