By Mitsuhiko Iyoda
Since the tip of global battle II, the japanese financial system has visible speedy alterations and noteworthy development. It has additionally skilled a bubble economic climate and interval of lengthy stagnation. The publication seeks to handle 3 significant questions: what sort of alterations have taken position within the postwar years? In what feel has there been development? What classes will be drawn from the stories? The booklet is geared up as follows: It starts off with an summary of the postwar eastern economic climate, utilizing facts to focus on old alterations. The 4 significant fiscal matters within the postwar jap economic system (economic recovery, quick monetary development, the bubble financial system and present themes) are addressed, with specific specialise in the that means of monetary progress and the bubble economic system. the following chapters study the $64000 fiscal concerns for Japan concerning a welfare-oriented society, together with source of revenue distribution, asset distribution, and the relative percentage of source of revenue. one other bankruptcy bargains with the family constitution of Japan, the pension factor, and the significance of the impact of demographic switch on source of revenue distribution. the ultimate bankruptcy offers a quick precis, examines caliber of existence as a lesson of this learn, and in short outlines a suggestion for a simple layout in the direction of reaching a excessive pride point society. This e-book might be of curiosity to economists, fiscal historians and political scientists and will be precious as a textual content for any path at the jap economy.
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Additional info for Postwar Japanese Economy: Lessons of Economic Growth and the Bubble Economy
Sample text
The negative results were more or less caused by social imbalance. Concentration to metropolitan areas caused social maladies, pollution, congestion, and high cost of living on the one hand. On the other hand, depopulated areas faced a rapidly aging society and brought devastated places. To cope with the problem of depopulated areas, the government put the Act on Special Measures for Depopulated Areas in force and spent a large amount of money in the 1970s and again the 1980s. The population outflow slowed down, infrastructures were improved, but the problem remained.
To cope with the problem of depopulated areas, the government put the Act on Special Measures for Depopulated Areas in force and spent a large amount of money in the 1970s and again the 1980s. The population outflow slowed down, infrastructures were improved, but the problem remained. The outstanding features of the environmental disruption process were (1) an extremely rapid expansion of heavy and chemical industries, (2) the progress in the degree of urbanization far in excess of demographic changes, and (3) the explosive boom in the mass consumption market, notably private cars.
1 shows the labor force status for 1953–2008, age 15 years and older. The Japanese definition of unemployed person is based on the International Labor Organization (ILO) standard, which is comparable with the standardized unemployment rate calculated by OECD for 27 countries. 1 percent. 4 percent in 2002. 59 million in 2002. The unemployment rate for males was higher than for females, except for the periods 1961–1967 and 1984–1995, although the differences were small. 9 percent (2007). ) Second is the labor force participation rate.
