Full Version: Is Japan's economy starting to pick up again?
Anyone know? I'm hearing good news, at least. But I haven't really looked into it.
macroeconomics 101
Only 2 ways of growing an economy after convergence(conditional or otherwise)
1. pop growth
2. tech growth
neither is happening so dont hold your breath. In combination with inflation and negative population growth dont expect tech growth to fuel a positive economic growth rate.
Only 2 ways of growing an economy after convergence(conditional or otherwise)
1. pop growth
2. tech growth
neither is happening so dont hold your breath. In combination with inflation and negative population growth dont expect tech growth to fuel a positive economic growth rate.
Japan is doing well, exports are holding up. The economy grew around 2.8% last year and is steady.
QUOTE(moobie @ Apr 23 2007, 01:01 AM) [snapback]2897806[/snapback]
Anyone know? I'm hearing good news, at least. But I haven't really looked into it.
If "picking up" means being able to control deflation and keep the economy growing at a steady pace, then I think so.
Just look at the recent trends in interest rates. It used to be (almost) 0% to encourage spending, but since that's picked up, inflation has grown again. Of course, that's bad from a consumer's standing, but good for the economy overall.
QUOTE(incognito6 @ May 28 2007, 06:13 PM) [snapback]2970042[/snapback]
macroeconomics 101
Only 2 ways of growing an economy after convergence(conditional or otherwise)
1. pop growth
2. tech growth
neither is happening so dont hold your breath. In combination with inflation and negative population growth dont expect tech growth to fuel a positive economic growth rate.
Only 2 ways of growing an economy after convergence(conditional or otherwise)
1. pop growth
2. tech growth
neither is happening so dont hold your breath. In combination with inflation and negative population growth dont expect tech growth to fuel a positive economic growth rate.
qft
there has been some tech growth though =p
Only slightly it seems.
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