Japan Inc braces for a seismic shift in the new millennium
Article Abstract:
Economic developments in Japan have not attracted a lot of attention since the early 1990s. However, this situation may now be beginning to change. Key trends which may revive Japan's economic influence are the possibility of a fall in the value of the yen bringing about a steady economic recovery and whether there are now signs of structural changes which will make the Japanese economy more productive in the 21st century. Japan is certainly giving considerable thought to how it can become a more competitive society.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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In Japan's darkest hour, signs that the worst may be over
Article Abstract:
The Japanese economy performed very badly in the second quarter of 1997, with declining consumer demand inevitably affecting industrial production. However, it is possible to argue that the Japanese economy may now be on course for recovery. The period of price destruction may be coming to an end, and the collapse in consumer demand in the second quarter of 1997 should not be repeated. There is determination to undertake reform, and it appears that the yen will continue to weaken, thus boosting export profitability.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Signs that Japan's recovery may soon be under way
Article Abstract:
The Japanese economy began to show signs of recovery in 1996, but has experienced some new challenges in 1997. This means that 1997's economic growth will probably be little more than 1%. However, it is clear that the country's economy will begin to recover eventually. Japanese industry is still producing goods for which there is strong international demand, and Japan is also undertaking structural reform which will eventually revive its economy.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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