Economic Forecast for Japan Term Paper by Master Researcher

Economic Forecast for Japan
A discussion on the problems facing the Japanese economy today.
# 39217 | 1,150 words | 5 sources | MLA | 2002 | US
Published on Oct 07, 2003 in Economics (International) , Asian Studies (General)


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Description:

This paper examines the Japanese economy and current economic problems challenging Japanese policy makers. The paper addresses stagnating production, unresolved banking issues and the slowdown in the global markets. The paper considers solutions to Japan's economic troubles and argues that more drastic measures have to be adopted to help the slumping Japanese economy.

Outline:
Introduction
Global Economic Slowdown
Economic Exposure
Solutions For Japans Economic Problems

From the Paper:

"Many economists do agree that Japan does indeed need an overhaul of its fiscal matters if the country has any chances to come out of its economic problems. Bank of Japan Gov. Masaru Hayami leaves office widely resented for not doing enough to rescue Japan's sinking economy from a deflationary spiral. But even with Hayami gone, there aren't any heroes in sight.
"His successor, conservative Bank of Japan veteran Toshihiko Fukui, is unlikely to bring many changes to BOJ monetary policy. And many think Japan is so badly in need of fundamental reforms, that there isn't much the central bank can do. Bank of Japan {BOJ} must print enough money to rev up inflation, convince consumers that rising prices are back to stay and get them spending again. Other economists think BOJ should set inflation targets to prove that it's dedicated to stabilizing prices in the country.
"Others say the link between the BOJ's monetary policy and the real economy has been severed because Japan's broken banks are unwilling to lend, and companies are too strapped to borrow. When the BOJ prints money and pours it into the financial system, the banks park it in government bonds instead of lending."

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APA Format

Economic Forecast for Japan (2003, October 07) Retrieved May 16, 2021, from https://www.academon.com/term-paper/economic-forecast-for-japan-39217/

MLA Format

"Economic Forecast for Japan" 07 October 2003. Web. 16 May. 2021. <https://www.academon.com/term-paper/economic-forecast-for-japan-39217/>

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