Japan
Group Crisis Worksheet.
A paper submitted to Webber International University
in partial fulfillment for the
Bachelor of Science degree in Business Administration
By: Vicente Munoz
Date: September 4th 2014
Course: International Marketing
Semester: Fall 2014
Instructor: Prof. Schwarze
Table of Contents
Table of Contents 1
Body
I. Introduction 2
II. The GDP Growth Rate 2
III. The Consumer Price Index 2
IV. Interest/ Employment Rates 3
V. Trade Balance 5
VI. Inflation 6
VII. Impacts, Advantages and Dependencies 7
References 12
Japan
Introduction
Japan is an East Asian island nation off the East coast of Korea in the Pacific Ocean. It is known worldwide for its advances in technology and it has been a powerhouse in the global economy. Recently, though, Japan has had a few specific crises that are to be tackled in this paper.
The GDP Growth Rate
The GDP growth rate measures at what pace an economy is growing by comparing the GDP of one particular quarter to the last one. Japan is the third largest economy in the world. It is popular for its EFFICIENCY and COMPETITIVENESS in export sectors. Japan boasts of the largest electronics industry. Having said this, it is also important to keep in mind that the productivity is lower in sectors like agriculture, distribution and services. Hence, the major contribution to the GDP growth rate is by the electronics industry and automobile industry.
The GDP growth rate of Japan has been recorded as -1.70%
The GDP growth rate in USA has been recorded as +4.20%.
The Consumer Price Index
A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy is called consumer price index (The Economic Times).
The most important categories in the CPI of Japan are as follows:
Food-25%
Housing-21%
Transportation and communications-14%
The CPI in Japan has remained constant at...