This article describes the effect of the earthquake on the Japanese macro economy, primarily with inflation. Inflation is defined as a sustained increase in general price levels over a period of time. The articles states that “the tsunami and radiation exposure are expected to knock out some of Japan's agricultural production” trade speculations that “Liquefied natural-gas prices have increased between 10 per cent and 20 per cent in markets in Europe and Asia, as traders speculate that Japan will
1. Two large macroeconomies a. South Korea (Korea) b. Japan 2. Variable data (refer from OECD statistics) a. GDP and GDP growth rate GDP, US $, constant prices, constant PPPs, reference year 2000, millions Country | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | Japan | 3250281.507 | 3256274.684 | 3264814.493 | 3310963.961 | 3401825.49 | 3467619.943 | Korea | 808400.3382 | 840521.8376 | 900619.3045 | 925861.6488 | 968627.5088 | 1006957.588 | | 2006 | 2007 | 2008 | 2009 | 2010 | | Japan
Can “Abenomics” Save Japan’s Economy? After the WW II, the Japanese economy grew substantially. Fueled by large governmental grants and extensive American contributions, the world could witness what we call today the Japanese post-war economic miracle. The strong economic growth ended abruptly in the late 1980s, when the massive speculative asset price bubble of the 1980s bubble burst. The following twenty years of low economic growth and continuous Yen appreciation are commonly known as the ‘lost
south. The active economic relations with all three regions are a huge advantage. English has also emerged as the language of the world in which almost all international business is conducted. Birth rate and rate of migration into the US is greater in the United States than it is in Europe and Japan. The rate of innovation is very fast and this method of new business formation has been constant for the past three decades no matter how fast the U.S. economy has been developing. The United States is also
Rising Sun Capitalism: The System that Withered and the Japanese Response Bob Sloan EASN: 490 Senior Research Professor Fratantuono and Professor Strand May 11, 2011 In the late 1980s, the international community watched with amazement as what most called “an economic miracle” took place in Japan. Worldwide, Prominent economists praised it, protectionists feared it, and businessmen took advantage of it. Japan had become the world’s greatest growth machine and was predicted to dominate
Summary After the Japanese miracle and the Heisei bubble, the world will once more look at Japan and try to understand what went right and what went wrong. Japan is facing an old economy disease: the depopulation. Many developed countries will also be stricken but Japan is the first one to be that badly hit. The phenomenon is directly linked to a low fecundity rate, but with this essay, rather than blaming child support infrastructures, I go further and try to analyze the reasons of this poor
Rodgers English 3 1st period 05/01/11 Japan Japan is a country located in eastern Asia. It is an island chain between the North Pacific Ocean and the Sea of Japan, east of the Korean Peninsula. The capital of japan is Tokyo. The Japanese people are the highest in technology the produce all of our Sony products. They are the leaders in import and export. The area of japan gets hit With tsunamis very often. They get hit with earthquakes and that is what causes the tsunamis.
impact is the unemployment rate increased. Moody's credit review was announced just hours after Japan's unemployment rate rose for the first time to 4.7% six months after the earthquake (Wearden, 2011). Some major companies in Japan were seriously impacted, and they lay off employees to balance budget. Additionally, many Japanese citizens were in panic and quit from the original company which may be near the earthquake center to avoid nuclear radiation. Therefore, the unemployment rate rose. The earthquake
increase since year 2000 to 2007. However, it suddenly declined 2.74% at year 2008. Reasons will be explained in detail in 2.4 Analysis on Data. 2.2 Number of Immigrants, Unemployment and Crime Incidents As shown in Attachment 1.1, during year 2000 to 2007, the numbers of immigrants keep increasing. However, the unemployment rates keep decreasing. 2.3 Illegal Immigrants in Japan Japan has a population of 127,433,494 as on July 2007 estimate and the news stated that approximately 10,000
defence allocation have triggered a rapid expansion of Japan’s economy. However, in the 1990`s, Japan suffered several recessions that slowed its aggregate demand, because of a low capital, foreign and domestic investments, its prices and interest rates decreased. This essay will analyze an over all idea of Japan, based on the history since 1960’s, what happened back then that led to one of the biggest economies in the world, as well as an overall study of Japan’s economy and its stock market.