MKT 545 1. Why did the contraction of the U.S and Japanese economies and the rise in the value of the yen hurt Sony’s exports from Japan? The size of the U.S. economy and political stability, even in the face of a presidential election in November 2008, tend to make the United States an attractive place for investment. Thus the fear factor seemed to be a critical vote for the dollar during the crisis. This is a short-term phenomenon, however, and will eventually be replaced by economic fundamentals.
Contrast in Mumbai. India has been described as a “Rich country where poor people live.” From 2000 to 2005, The Indian Economy grew from $460.2 Billion USD to $906.3 Billion, making it the second fastest growing economy in the world after China. Mumbai is land of some of the world's richest people. It is also home to the world's poorest. It is a city of swanky malls and shabby chawls (slums).
Critical Thinking Essay #1 There are three conditions which are generally associated with urban growth including population dynamics, economic markets and socio-political conditions. This paper will discuss the author's belief that of the three conditions, the economic market had the most influence in the accelerated growth that has taken place in Asian cities over the last fifty plus years. As stated by Mohan (2006), the number of cities in Asia considered mega-cities (population greater than 10 million) has increased tremendously with ten in the year 2000, up from two in 1975 and none prior to 1950. The pattern of growth of these cities follow a similar trend with population increasing after economic growth. Mohan (2006) discusses the post World War II development of Japan into the second largest world economy and states that savings and investments rose after the initial infrastructure and transportation development allowing the advancement of manufacturing and production throughout the Tokkaido region.
Andy Chung “Critical Analysis of Quantitative Easing” Mesa State College December 9, 2010 Dr. Ward Huffman Fina 341 – Public Finance Thesis: Critical analysis of Quantitative Easing in Japan and the United States The Quantitative Easing is one of the monetary policies that governments use to against recession or deflation. With the increasing of money supply of into the system, government will able to control interest rate. However, the impact of the economy becomes an uncertainty. The Quantitative Easing Policy (QEP) in Japan during early 2000s was an unsuccessful story. The Quantitative Easing Policy ended on 2006.
Chapter 1 Introduction to Macroeconomics T Multiple Choice Questions 1. The two major reasons for the tremendous growth in output in the U.S. economy over the last 125 years are (a) population growth and low inflation. (b) population growth and increased productivity. (c) low unemployment and low inflation. (d) low inflation and low trade deficits.
Since 1999, oil prices have been going up amidst strong consumer demand largely because of growth in world economy, particularly in the higher-growth economies such as India and China. The demand has largely been inelastic. Competition among the players is modest – in fact there is an oligopoly of a dozen vertically integrated oil companies (VIOC). Oil production of top 5 Russian companies grew more than 9% from 2001 to 2004. On top of that, Russian oil reserves are increasing.
This essay will discuss the two phases of Japan’s post World War II economic growth. To get a better perspective of Japans economic growth, this essay will begin with discussing what Japan’s economy was like prior World War II and also the consequences it had on Japan. Prior World War II, Japan built a widespread empire that included Korea, Taiwan, Manchuria and other parts of Northern China. Japan did this to prevent foreign countries that could block Japan from accessing raw materials and important sea passes, this was a necessity as Japan had very little natural resources and Japan’s military force was an essential part to Japan’s defence. Since 1868, structural change and rapid growth were the bases of Japan’s two periods of economic development.
In 2000, the construction industry and the financial industry became Ireland’s main driving force of economic growth; therefore, it leaded to the housing market bubble. In 2008, due to the U.S. subprime mortgage crisis, Ireland’s housing market bubble burst, the hard-hit of construction industry leading to the bank industry to bear a huge bad debts. To rescue the banking sector, Irish government provided guarantees on bank debt and injected large amount of funds to banks, therefore, Irish government fall into an unprecedented crisis. The following essay will analysis the Political economy in terms of political policy, sociocultural policy and technology policy as well as the impact of Global Financial Crisis on Ireland’s economy. Political economy Foreign Direct Investment (FDI) happens while a global business from one country has an ownership position in an organizational division located in another country (Cullen & Parboteeah, 2008).
Loosening of Credit Proponents of negative interest rates suggest that when financial intermediaries choose between paying for deposits and receiving income from loans, they will choose the latter. In turn, businesses benefit from this greater amount of credit. Japanisation of the Eurozone However, we mustn’t lose sight of why this proposal is being mooted – to stave off the Eurozone’s deflationary issue. As such, will negative interest rates stem the tide? The answer to this question is simply not clear, but it primarily depends upon expectations of future inflation.