The country of which I have decided to present inflation in the modern day economy is quite a tough one as Japan has seen deflation for the past couple of years, until current Japanese prime minister Shinzo Abe implemented "Abgenomics." ... What is wrong with Japan? ... 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 bon...

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

"The American economy and profits sprinting ahead, while keeping the Euro area's economies are barely able to maintain a walking peace and Japan is just getting off its knees. ... The theory works like this; America imports more than it exports, the cause of this is the low American savings rate, resulting from the huge level of American household borrowing (read as credit cards, debit cards, and mortgage refinancing) and the federal budget deficit. ... The Economist also points out similar benefits for Japan if it allows the dollar to decline. Unfortunately, economic theory has politi...

• Word Count: 1225
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Singapore and Malaysia contain a rich racial mix, while Korea and Japan are very homogeneous societies. ... Japan shifted from the role of a dependent to a manufacturing and financial powerhouse. ... (Graph 7.4, P.279) Additionally, Japan created a lucrative automobile industry, along with a steel industry that rivaled and surpassed the American industry and electronics. ... Their annual percentages were even greater than America's annual GDP percent growth for those equivalent years. ... In contrast to Korea, Japan, Malaysia, and Singapore, those nations that did not develop signific...

• Word Count: 828
• Approx Pages: 3
• Grade Level: Undergraduate

The Japanese Navy was at the bottom of the sea and so was most of the merchant marine" (Yoshihara, 1939).The Japanese had no exports, no foreign trade, and inflation destroyed all of Japan's private savings. ... The Japanese are very protective of their culture. ... Japan's striving for purity is very different form a North American idea of open doors and diversity as strength. ... Even though Japanese culture had a lot of influence by others, Japanese still use their own culture to develop their management system. One of the Japanese traditional values is the samurai. ...

• Word Count: 2410
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

The population of "the West," which includes Western Europe, North America, and Asian capitalist economies, such as Japan, Singapore, and South Korea, has remained flat since the latter half of the 20th century, with some populations, such as Japan's, experiencing a steady decrease. ...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate

While examining the Value of manufactured output around the world, data confirm that North America and Europe have a major trading industry. ... Other countries such as Canada, Saudi Arabia, Japan, Brazil, France, Germany, Australia, and The Netherlands all have a tight manufactured trading output. Other manufacturing comparisons between advanced countries and the United States included Australia, Canada, Germany, Japan and the Netherlands. ... In conclusion countries in North America and Europe are more likely to have a higher manufactured output than African or Asian countries around the w...

• Word Count: 578
• Approx Pages: 2
• Grade Level: Undergraduate

The JMFTA was set up with some urgency that U.S. and Europe had FTAs with Mexico, which put the Japanese firms in disadvantageous position. Japanese exporters would have faced difficulty in completing with competitors from both America and Europe in Mexican market if without an agreement with Mexico. In this sense, JMFTA was promoted to maintain the competitiveness of Japanese products such as automobile and electronics in Mexico, namely to prevent loss. ...

• Word Count: 681
• Approx Pages: 3
• Grade Level: Undergraduate

Japan will also contribute $60 billion to the International Monetary Fund, while China will contribute $43 billion. ... After Obama acknowledged "slower growth in Europe means slower growth in American jobs" and the potential impact on the 2012 presidential election, it is predicted that Obama will take great measure to take part in Europe's issues (CNN). ... The members of the G-20 are the United States, the European Union, Germany, Great Britain, France, Italy, Japan, Russia, China, Canada, Argentina, South Korea, South Africa, Mexico, Brazil, India, Indonesia, Saudi Arabia, Turkey,...

• Word Count: 1321
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

In the case of the cyclical late capitalist product markets, which afflicted Caterpillar within its North American home-market, demand from the construction industry turned into fitful as infrastructural investement declined. ... This means that competition following the maturity stage did not only develop on a national scale, but also on an international one, as Caterpillar faced an unanticipated surge of competition from overseas, especially from the Japanese company Komatsu. ... Table 1: Komatsu and Caterpillar's stock turns from 1980 to 1995 Source: Caterpillar and Komatsu Reports and...

• Word Count: 2426
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

The Purpose of Business It has become apparent that the accepted view of the role of corporations in society is evolving, and necessarily so. This is especially true after the recent corporate scandals in the USA involving multinational companies whose names have become commonplace in discussions of corporate fraud; such as Enron and Worldcom. (In fact, it was recently reported that a U.S. Senator had used one of these names as a verb; i.e.; to "enron" shareholders.) Corporate ethics and the role of business in society is under public scrutiny perhaps more than ever before in modern histor...

• Word Count: 2501
• Approx Pages: 10
• Grade Level: Undergraduate

INTRO: Nucor had once been considered the fastest-growing steel company in America that was unstoppable. ... Antidumping Rulings: U.S. integrated steel producers filed charges of dumping against foreign competitors -- primarily the Germans and Japanese. ...

• Word Count: 1144
• Approx Pages: 5
• Grade Level: Undergraduate

Germany has many export partners, including EU, France, United Kingdom, Italy, Netherlands, Belgium/Luxembourg, United States, and Japan. ... President Barack Obama was telling Americans in his January 2011 State of the Union address that the United States needed to double its exports, Germany had quietly become the world's second-largest exporter (after China). ...

• Word Count: 1035
• Approx Pages: 4
• Grade Level: Undergraduate

(Beneria 12) This includes what Beneria calls the Washington Consensus or the idea held by the American and British government that free trade is the single solution for all economic issues. ... Countries that are known for this type of behavior (such as Japan and Saudi Arabia perhaps due to social norms) both score much lower on the GDI than the HDI. ...

• Word Count: 1405
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Heller also mentioned that Canada was now looking for employees from Asian countries like India, Japan, China, Sri-Lanka and Malaysia to fill up their service sector and boost their economic transactions with customers in those Asian countries. ... Benitez was arguing is that whenever American Economy is booming and when they need cheap labor during war-time, they open the doors to all those Mexican labors waiting on the other side of the border to get a cheap job in USA. Then these American services toil these cheap laborers and extract all kind of work from them and sometimes even pamper the...

• Word Count: 1738
• Approx Pages: 7
• Grade Level: Undergraduate

Among the predictions of China's future that is more likely to be right is Liu Mingfu's article "The World Is Too Important to Be Left to America". ... According to Mingfu, "China should not be in a rush to be a leader; it should allow America to keep the position until a time that is best for all sides" (p. 5). ... Mingfu points to the benefits of these skills as demonstrated in America's rise. As he stated, "Even with the capacity to lead the world, America did not rush to take the lead" (p. 9). ... Xi Jinping has used China's growing power ...

• Word Count: 1993
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

According to this view, it makes little sense for America to produce textiles at home when they can be produced at a lower cost in Honduras or China (which unlike Honduras is a major source of American textile imports). Importing textile would benefit America as well as China. ... For example, Japan gives rice farmers seven times what it costs them to produce rice, which allows the farmers to sell the rice for very little, shutting out cheap rice produced in Thailand and other developing countries. ... Last year the Bush administration announced it would give American farmers an extra $175 bil...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

A few of Nigeria's leading trading partners are the United States, Great Britain, Japan, Netherlands, and France. ... Currently, Americans lend their support to Nigeria by increasing trade (oil), democratic solidarity, and foreign assistance. ... In June of 1996 Chief Dan Etete, Petroleum Resource Minister, transferred oil fields belonging to America to France. ...

• Word Count: 2427
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Many guru economists such as Lawrence Summers predict that in the opening decades of the 21st century, china will match the US and Japanese economies. ... The year began with a rebellion of intellectuals under the leadership of an astrophysicist by the name of Fang Lizhi who was in tune with America's views for improvement in human rights. ...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

Empirical data and statistics provide substantial evidence that exposure to global economy has significantly boosted the economic growth in many developing countries especially in Asian countries like China, India , Japan and Singapore. ...

• Word Count: 2450
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

The process of economic development has been usually seen as a transformation from the rural agricultural sector to the urban manufacturing sector in developing countries. This process in the dual sectors is driven by labor transfers (migration) and capital accumulation. W. Arthur Lewis in his work on 'Economic development with unlimited supplies of labor' (1954) analyzed the labor market dualism and the structural difference between the subsistence sector and capitalistic sector in developing economies. The two sectors in the Lewis model are referred to as the subsistence and capit...

• Word Count: 4558
• Approx Pages: 18
• Has Bibliography
• Grade Level: Undergraduate

THE SOUTH AFRICAN ECONOMY Brief economic history During the 1960s the South African economy expanded at an annual average rate of 5,5 percent and experienced average inflation of 2,4 percent. This compared with annual growth of 5,0 percent in industrialised Organisation for Economic Corporation and Development (OECD) countries and inflation of 2,9 percent. Dollar per capita income grew 73 percent during the decade. The 1970s were turbulent years internationally and the domestic economy grew by only 3,2 per cent per annum (versus 3,4 percent in OECD countries). Relative economic performan...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate