Medium term prospects for the Japanese economy

Article Abstract:

Japan presented a very different economic picture in the early 1990s to that of the 1980s, causing analysts to consider what this reveals about the Japanese economy and its future. Average economic growth in Japan from 1991 to 1996 was only 1.4%, whilst the growth rate in the 1980s, which was accompanied by low unemployment and falling inflation, was 4%. Analysis of the Japanese economy suggests that output will drop again to the low rates of the early 1990s by 2015, but will rise in the subsequent few years to over 2.5%. The dominant influences will be deregulation and the rapidly aging population.

Economic Programs, Administration of Economic Programs, National Income & Expenditure, Labor Force, Economic aspects, Economic indicators

---

Measuring growth: is the new US approach better?

Article Abstract:

The way in which real GDP is measured can make a significant difference to how the performance of an economy is assessed. This has been highlighted in the US where the official measure of GDP was changed from a base-year weighted measure to a chain-weighted measure in January 1996. Revised estimates altered the historical pattern of US growth and many economists revised down their estimates of trend growth. The use of chain-weighted estimates of GDP is expected to increase.

Forecasts and trends, Gross domestic product

---

How serious are the problems of Japan's banks?

Article Abstract:

The new leadership in Japan pledged to reform the banking system, get rid of bad debts and improve the system of disclosing information on loans. However, since the pledges were made, the Japanese economy has worsened and the extent of bad debts has been underestimated. These problems are preventing Japan from sustaining economic growth. However, it is possible that steps to overcome these problems may seriously affect the Japanese economy.

Administration of General Economic Programs, Intnl Economic Policy, Financial Forecasting, Economic development, International economic relations, Business forecasting

Similar abstracts:

• Abstracts: Prospects for the Greek economy in the post-enlargement era. Revealed comparative advantage and competitiveness in Hungarian agri-food sectors
• Abstracts: The trade policy review of Zimbabwe. The international use of the Japanese yen: the case of Japan's trade with East Asia
• Abstracts: Incremental trade policy and endogenous growth: a q-theory approach. Investment creation and diversion in Europe
• Abstracts: Privatization and efficiency: industry effects of the sale of British Airways. The international drivers of domestic airline mergers in twenty nations: integrating industrial organization and international business
• Abstracts: The econometric analysis of economic policy. Multi-step estimation for forecasting

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.