The Japanese economy is the world’s third-largest mature economy and is very much export-oriented. The financial center of Japan is Tokyo.
Being able to avoid significant investments in defense spending, the Japanese economy flourished post-war. But in the later part of the 1980s, a bubbling domestic real estate market and an overheated stock market caused the Japanese economy to crash by the early 1990s. It was a significant economic bubble that came to an end, and the country ran up excessive amounts of public debt in order to maintain social services and to keep Japan’s economic activity from turning negative.
For the most part, Japan does not have a great deal of resources with which to feed its economy. The Japanese economy has proven global leadership in engineering, research and development, and manufacturing quality products for worldwide distribution.
The current monetary policy in Japan is expansive and considered extremely accommodative to capital markets. It’s unclear, however, whether this pace of monetary stimulus can be maintained into 2015.
In the third quarter of 2014, gross domestic product (GDP) for the eurozone region increased by 0.2% from the previous quarter, when it increased only 0.1%. The growth in the region has been very dismal. Major countries like Germany and France are facing economic scrutiny now. In the third quarter, Germany’s economy grew by only 0.1%;. Read More
In the third quarter of 2014, the Japanese economy, the third biggest in the world, fell back into a recession. The country’s gross domestic product (GDP), quarter-over-quarter, declined 0.4% in the third quarter after it declined 1.9% in the second quarter of 2014. The annual GDP growth rate for the Japanese economy now stands at. Read More
Whenever I got stuck solving a problem in elementary school, my teacher would say, “go back and see where you went wrong.” This lesson—“learn from your mistakes”—was taught again in high school, and then throughout my life. It’s very simple: you can’t do the same thing over and over again and expect different results.. Read More
What the Federal Reserve is doing in the U.S.—its effort to get the economy going via its money printing program—has already been tried by the second-largest economy in the world: Japan.Unfortunately, the easy monetary policy implemented by the Bank of Japan didn’t spur the Japanese economy. So why would it work for the U.S. economy?. Read More
The International Monetary Fund (IMF) expects the global economy to increase by 2.9% this year and 3.6% in 2014—forecasts which I believe are too optimistic. Why?First of all, we have the Japanese economy, the third-biggest in the global economy, suffering an economic slowdown. Tertiary industry activity (activity in the service. Read More