Top: Regional: Asia: Japan: Business and Economy

Pages



[ history ]

Economy – overview

Government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan advance with extraordinary rapidity to the rank of second most technologically-powerful economy in the world after the US and third-largest economy after the US and China. One notable characteristic of the economy is the working together of manufacturers, suppliers, and distributors in closely-knit groups called keiretsu. A second basic feature has been the guarantee of lifetime employment for a substantial portion of the urban labor force. Both features are now eroding. Industry, the most important sector of the economy, is heavily dependent on imported raw materials and fuels. The much smaller agricultural sector is highly subsidized and protected, with crop yields among the highest in the world. Usually self-sufficient in rice, Japan must import about 50% of its requirements of other grain and fodder crops. Japan maintains one of the world's largest fishing fleets and accounts for nearly 15% of the global catch. For three decades overall real economic growth had been spectacular: a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the after effects of overinvestment during the late 1980s and contractionary domestic policies intended to wring speculative excesses from the stock and real estate markets. Government efforts to revive economic growth have met with little success and were further hampered in 2000-2003 by the slowing of the US, European, and Asian economies. Japan's huge government debt, which is approaching 150% of GDP, and the ageing of the population are two major long-run problems. Robotics constitutes a key long-term economic strength with Japan possessing 410,000 of the world's 720,000 "working robots." Internal conflict over the proper way to reform the ailing banking system continues.


[ history ]

Industries

Among world's largest and technologically advanced producers of motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals; textiles, processed foods.


[ history ]

Agriculture - Products

Rice, sugar beets, vegetables, fruit; pork, poultry, dairy products, eggs; fish.


[ history ]

Cool Biz

Cool biz is agenda that Environment Agency made.
It is agenda that Environment Agency made.
It spends summer with in informal dress with no ties, and lowers the temperature of air
conditioner.
It is 2.9 million The deadweight ton one carbon dioxide is scheduled to be reduced. It is 2.9 million The deadweight ton one carbon dioxide is scheduled to be reduced.


[ history ]

Japanese Government Bond (JGB)

Japanese government bond (JGB) is Japan flotations of government bond.
There are some loads of different varieties of them.
For example, current receivables noncurrent and receivable.


[ history ]

Ministry of Economy, Trade and Industry

Ministry of economy, trade and industry is  support the system of economy and,  building of technical bases.
For example, implementations high-quality employment.
It have orientations with a clear direction about economy.
For example, it bring up skill formation human resources capable of world-class work.
It is called METI.

see also.
Official site


[ history ]

Investment Trust

Investment trust is one of how to make money.
Many Japanese is used how to make money ordinary deposit and time saving.
They are distantly respect high risk, high return how to make money.
But, at near-zero interest in Japan.
So, Japanese are acknowledgmenting method.


[ history ]

Black-market Financing

Black-market Financing means  management of unregistered lenders or embrace high interest rates.
The investment law punishes the financial operator who collects the interest rate that exceeds 29.2% a year.
It is important to consult the police and the lawyer, etc. at the time of being in damage.

see also:
Financial Services Agency
http://www.fsa.go.jp/indexe.html

National Police Agency
http://www.npa.go.jp/english/



 All text is available under the terms of the GNU Free Documentation License. (See Copyright Policy for details.) 
© Open-Site Foundation, Inc.
Hosted by Android Technologies, Inc. the medical robotics news source.
Visit our sister sites dmoz.org | mozilla.org | chefmoz.org | musicmoz.org