However, the main constructive criticism to this strategy is that it is not cost effective fiscally and morally as well as this strategies tends result in accumulating a lot of resistance from the people. ... Internally, this can be done by the creation of elite subsidies and incentives such as luxurious items and monetary goods to encourage order, cooperation, and compliance from individuals who have power and energy to create potential chaos in other words states are purchasing the compliance of the elites. Externally, states can grant trading privileges for cooperating states thus increas...

• Word Count: 2529
• Approx Pages: 10
• Grade Level: Undergraduate

Thus, inflation is a monetary phenomena. ... What Prime Minister Shinzo Abe and the leaders he has placed at the Bank of Japan is encouraging inflation through, just to sum up, monetary and fiscal policy, to encourage economic growth, as well as a target with the Bank of Japan to target inflation at 2% together with Quantitative Easing methods-the excessive buying of bonds by the government. ...

• Word Count: 987
• Approx Pages: 4
• Grade Level: Undergraduate