Case Analysis Japans Economic Malaise Essay - 1760 Words

CLOSING CASE for week two Case Analysis: Japans Economic Malaise Review the Japans Economic Malaise Case Study at the end of Chapter 3 of the Hill text. Answer the five Case Discussion questions in a Word document and submit your responses to the Week 2 Course Dropbox. You will find at the end of chapter 3 starting on p.95 in our electronic e-Book in the classroom. Japan’s Economic Malaise In 1989 Japan was widely viewed as an economic super-power. After three decades of robust economic growth it had risen to become the world’s second-largest economy. Japanese companies seemed to be obliterating entire American industries, from automobiles and semiconductors to earthmoving equipment and consumer electronics. Japanese companies†¦show more content†¦The high debt load is now a limit on the ability of the Japanese government to adopt additional expansionary policies. In seeking to explain Japan’s prolonged malaise, many economists also point to demographic factors. In the 1970s and 1980s birthrates in Japan fell below replacement levels, leaving it with one of the oldest populations in the world. The working age population peaked at 87 million in 1995 and has been falling since. On current trends, by 2030 it will be 67 million. Every year there are fewer and fewer working age people to support ever more retired people—and Japan’s retired people are notorious for not spending. Japan could reverse this trend by increasing immigration or boosting the birthrate, but neither of these seems likely at the moment. Increasingly, young people are pessimistic about the future. All they have known is a world where prices for everything, including the price of labor, have fallen. They have diminished expectations. Case Discussion Questions 1. In the 1980s Japan was viewed as one of the world’s most dynamic economies. Today it is viewed as one of its most stagnant. Why has the Japanese economy stagnated? Similar to what happened to the collapse of the housing bubble in the US in 2008. Japan suffered the same during the eighties. Japan’s real estate andShow MoreRelatedEssay about Japanese Malaise793 Words   |  4 PagesTHE IMPACT OF SUPPLY-SIDE FACTORS ON JAPANESE ECONOMIC STAGNATION Japan’s ongoing economic stagnation for decades has provoked wider debate in the US. Along with the raise in unemployment rate and weak industrial production relative to other major industrial countries, the economic malaise in Japan was described as a lost decade. Studies have shown that Japanese economy suffers of severe problems that are not only cyclical but also structural in natureRead MoreSwot on Japan Essays2622 Words   |  11 PagesJapan SWOT Analysis Strengths: Economy- Economy has a long term positive impact on Japan, which will add to its value. 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The Effects Of Public Debt On Economic Growth - 1638 Words

Data released by the Bank of Ghana (BOG) recently showed that Ghana’s debt stock rose to GH ¢ 97.2billion (or US$25.6billion) in December 2015, equivalent to 72.9% of the year’s total economic output, measured by the Gross Domestic Product (GDP). Out of this, total external debt amounted to GH ¢57.8billion (43.4% of GDP) and domestic debt was GH ¢39.4billion (25.2% of GDP). That means, in nominal terms, based on population projections by the Ghana Statistical Service; for every man, woman, and child living in Ghana owe about GH ¢3,512.81 in government debt compared to GH ¢872.99 as of 2011. As government run budget deficits, mainly leading to the rise in the debt level; servicing the debt comes with severe consequences. Most research has shown†¦show more content†¦A country burdened with an enormous debt means tax increases in the near-term to finance debt and its interest payments —consuming most of government revenues and crowding-out investment in priority areas such as education and health care. Such country is susceptible to external shocks such as global recession or financial crisis and most importantly, the country leaves an obligation that will pass along to the next generation. Conventionally, a good measure of the sustainability and accumulation of a country’s debt is to consider the debt level to the overall economic output of the country measured by the GDP (known as the Debt-to-GDP ratio). The graph below shows the historical debt-to-GDP ratio of some selected African countries in the Sub-Saharan region over the past 10 years. Source: http://data.imf.org/?sk=806ED027-520D-497F-9052-63EC199F5E63 Within the last 4 years, Ghana total debt stock rose to GHS97.2billion (72.9% of GDP) at the end of 2015, up from GH ¢24billion (42.2% of GDP) as at the end of 2011. This represents a very momentous increase within 4 years. Comparing the current Debt-GDP-ratio to other selected countries in Africa (as shown in the graph), within the past 3 years, Ghana has had the highest Debt-to-GDP ratio. A notable research published in the most prestigious economic journal, American Economic Review, using data spanning over 44 countries found that across both advanced countries and emerging

Bhagavatism Free Essays

Related to this name is an early religion, sometimes called Bhagavatism[1] that was largely formed by the 4th century BC where Vasudeva was worshiped as the supreme Deity in a strongly monotheistic format, where the Supreme Being was perfect, eternal and full of grace.[1] The name forms part of a famous mantra also known as a â€Å"twelve syllable mantra†, which believed to be the earliest mantra from pre-reformation times, pre-dating sectarian divisions in Vaishnavism- (IAST oá ¹  namo bhagavate vÄ sudevÄ ya), it is translated as â€Å"Om, reverence to the Lord Vasudeva†.[1] Vasudeva married Devaki, the sister of Kansa, and he was also the father of Krishnas sister Subhadra. We will write a custom essay sample on Bhagavatism or any similar topic only for you Order Now He also took a second wife, Rohini, who bore his eldest son, Balarama. According to some accounts he also had several other children by other wives. Vasudeva and Devaki spent most of their early adult life behind bars in the deepest pits of darkness as ordered by Kamsa. Vasudeva was known for his consistent approach to life and his virtue of being a truthful person, never uttering a lie during his lifetime. After Kamsa was killed by Krishna, Vasudeva was installed as the Crown-Prince of Mathura under the reign of Devaki’s uncle, King Ugrasena. How to cite Bhagavatism, Essay examples