Country Analysis - Japan

The main challenge about trade is the long-term condition of Japan. Although Japan performs well now, it is a receding market. There is a significant challenge for Japan in the future. It is facing a dwindling work population, as the average populace gets older. This provides a serious risk as if the workforce reduces in size so does the production. And production is one of the main factors that make Japan wealthy. In addition, even though it is the second largest economy in the world it will face high expenditure. This is a serious issue if not properly taken care of. However, a country with one of the highest GDP’s in the world is unlikely to mistreat

In the present, Japan is a military and economic superpower with strong influence. However, it was not always like this. In the early 1700s, Japan isolated itself from the world and greeted foreigners unfortunate enough to shipwreck in Japan with hostility. In the 1850s, the United States attempted to make contact with Japan to establish a treaty. The U.S. knew even though Japan was hostile, it was weak compared to a western power. Although the U.S. was stronger than Japan, it was nowhere close to being as strong as other western powers such as Brittan or France and was struggling to keep up. Japanese hostility, U.S. power struggles, and Japan’s isolation all led to the inevitable Japanese and U.S. conflict.

The first couple decades of the twentieth century Japan and the United States had increasing tension and conducted negotiations to reduce threats of conflict. Asia was the center point for both countries, and each wanted a piece of it. Competition for economic and commercial opportunities were ongoing growing with tension. Starting

Japan at the turn of the century was clearly trying to westernize and change is isolated society into one more intellectually and scientifically involved with the rest of the world. When the Japanese open their ports to the western civilization food and merchandise were not the only things being traded. When ports were open the western way of living was integrated with the Japanese culture which gradually changed the way the

In 1850-1935, Japan has become an industrial power and replaced its traditional, feudal government with a regime in which ministers appointed by the emperor combined with parliament. The interwar years were not a time of crisis for Japan, however. During the 1920s, new cultural developments, an expanding economy and a brief commitment to liberal democracy produced important currents as well. In the 1930s, Japan turned to a more adventurous foreign policy in response to economic challenge and political change. Japan participated in the global economy by changing its government to benefit the economy, the emergence of open trade and still continuing to depend heavily on imports of raw materials.

Economically, Japan is one of the most highly developed nations in the world. Japanese brand like Toyota, Sony, Fujifilm and Panasonic are famous across the globe. One common pattern which is followed by Japan from the very beginning is to import raw materials and processed them to make finished products which are sold domestically and exported. Agriculture and transportation are the highly developed industries in Japan. Japan’s main agricultural product is rice and most rice eaten in Japan is home grown. Shinkansen, or bullet trains ,are

Before America, Japan was the main power in the Pacific. This was apparent until the United States defeated them with the dropping of the atomic bomb on Hiroshima and Nagasaki. Up until the late 1960’s, America was the most prominent and dominating manufacturer of the world. However in today's world, America is still an extremely powerful trading country, it has become more of a rentier country. China became the United States’ main outsource for manufacturing because it was exponentially easier and much more inexpensive. Before, America made most of everything in-country such as steel. However, with the United States recovering from the war, it was forced to outsource some of its manufacturing workload to other countries, mainly China. During the 1920’s and the 1930’s, the world was going through the Great Depression. America had struggled through this period of economic downfall. However, Japan emerged earlier than other countries because its economic success came from government deficits used to expand Japan’s heavy industry and military. Many other smaller Pacific nations saw Japan as an invincible power that no Western nation could overcome. Yet, after their war campaign against America, Japan was left crippled. Japan’s main supplier of oil, the United States, regulated trade with Japan do to their recent military actions. Left with no option, Japan

Combining imported technology with their domestic innovation was translated in the inception of the Japanese low-cost mass productions system. Technological improvements such as the one mentioned above played a huge role in the country’s economic growth, as improvement of technology in one industry often influenced the growth of other industries. For instance, Japan’s steel industry was successful in improving the quality of steel used in manufacturing automobiles, due to the technological process in the casing of parts; the automobile industry too benefited and hence could reach a level where it could compete with its international

Prior to World War Two Japan had been going through an economic crisis and was having issues with its government. The Japanese society was very militaristic and prideful making it a key power in world affairs. Their people have a strong and deep seated loyalty to their country.

From 1853 to 1941, Japan changed from being a reclusive, isolated nation that kept to itself to an imperialistic power openly attacking and conquering surrounding territories and peoples.

Japan’s unemployment rate of about 4% opposed to the U.S. unemployment rate of close to 10%. Even the financial debt to GDP ration is an advantage, and debt in the private sector has not increased unlike the U.S. and European countries, (Time, 2009). In addition, since Japan is a huge exporter and with the U.S. demand going downward, the international balances and growth declined especially as the dollar value dropped and the yen surged. •

Since the end of World War II, Japan's economic strategy for growth was based on exports, that allowed the development of its powerful industrial sector. During the 1980s, Japanese automakers in particular were enjoying an unprecedented and largely unexpected period of prosperity. They managed to establish a successful domestic automobile industry and to gradually sell their products abroad. Thanks to their competitive advantage in producing cars with respect to foreign competitors, due to labor differences, technical efficiencies (lighter and fuel-efficient cars), better designs, and of

Japan, the Land of the Rising Sun, is an island in East Asia in the Pacific Ocean. Its capital is Tokyo and the national language is Japanese. Japan is considered a great power and is a member of both the United Nations and the Organization for Economic Co-operation and Development. The country enjoys a highly skilled work force and is considered to have one of the most highly educated countries in the world. At one point, the 2000s, Japan also laid claim to providing 4 of 5 top circulated newspapers in the world. (Foreign & Commonwealth Office, 2017) (OECD, 2017)

The deregulation of financial markets catalysed by Globalisation worldwide has impacted on the amount of trade within the Japanese economy beneficially allowing easier access to foreign currencies, facilitating a higher flow of goods between nation, by relaxing laws that severely prevented foreign buying of currency, and floating the yen. These drivers have helped boost Japan's trade and recovery from its recession. Technology has allowed finances to be traded and communication to be near to instantaneous. This has increased dramatically the amount of FDI into Japan largely thanks to the numerous strategies the Japanese government has taken to promote economic growth and hence development. Finance and Foreign Direct Investment (FDI) have increased as a direct result of globalisation doubling from $63 billion in 2001 to $144 billion in

     Over the past fifty years Japan has seen significant changes in all aspects of its society and the way it interacts with the outside world. For example, despite suffering a defeat in World War II, Japan soon became one of Asia’s greatest economic powers. In Japan in Transformation, 1952 - 2000, Jeffrey Kingston focuses on various aspects of change in Japanese society and politics in the period after World War II. These include the effect of the US occupation, analysis of postwar politics, the economic boom, changes in demographics, the treatment of women, and foreign policy and security issues.