Financing Of The Japanese System

The Economic Effect on Japan during Post World War II Japan’s economy was greatly affected by the atomic bombs dropped on both Hiroshima and Nagasaki. Japan’s economic recovery as a result of this incident transformed Japan’s economic growth which has become known as the “Economic Miracle.” The bombs caused Japan to reconstruct many more facilities in which the economy moved forward. The Economic Planning Agency, which used to be known as the Economic Stabilization Board, helped Japan to become one of the leading economic nations. The United States also contributed to much of Japan’s recovery by occuping it from 1945-1951.

The Japanese and European feudal systems such as hierarchies and status, although there were many similarities many differences took part over the time in the Japanese and European time line. Japanese feudalism had some key differences to European feudalism in terms of social structure. The status and power of all roles in bother European and Japanese feudalism was very important and leaving a position for a higher role was quite hard.

Both Western Europe and Japan used the feudal system from the 800s to the 1700s. The two regions show economic similarities, but differ greatly with respect to politics and society.

The Government runs under the framework established by the Constitution of Japan adopted in 1947. It is an unitary state, containing forty-seven administrative divisions, with the Emperor as its head of state. His role is ceremonial and he has no powers related to Government. Instead, it is the Cabinet, composing of the Ministers of State and the Prime Minister, that directs and controls the Government. The Cabinet is the source of power of the Executive branch, and is formed by the Prime Minister, who is the head of government. It is an unitary state, containing forty- seven administrative divisions, with the Emperor as its head of state. Japan was ruled by successive military shoguns. During this period, effective power of the government resided in the Shogun, who officially ruled the country in the name of the Emperor. The Shoguns were the hereditary military Governors.

government approaches made an institutional system that prompted expanding imbalance. Since the late 1970s, deregulation, de-unionization, charge changes, government money related strategies, "the shareholder insurgency," and different approaches diminished wages and business. This clarification would appear to call for arrangement changes, for example, expanding unionization, better supervision of Wall Street, raising the lowest pay permitted by law, and keeping up a full-work center in financial strategy, to address disparity and declining compensation.

The Tokugawa Shogunate era was a period of significant growth and change in Japanese society. There were two major catalysts that led to this development in Japan. Firstly, economic growth occurred due to a transformation within the agricultural sector. Merchant driven trade and market activity saw drastic changes in the work of the peasants. They moved from their agricultural land to the major cities. Trade increase led to the the creation of an effective and reliable transportation systems that allowed for Western and Eastern parts of Japan to trade. Improvements to the road systems and shipping networks were expanded under Tokugawa's rule. The influx of the population of Japanese in the city served as a major impetus for growth and change because the old notions of a static, agrarian-based economy were substituted for a well structured

In the 1900s, Japan faced a lot of economic obstacles. Due to its location on four moving tectonic plates, Japan experiences earthquakes more often than most other countries, Banks, at the time, struggled to keep economic activity stable after earthquakes and even attempted to regulate the flow by granting companies the ability to sell their products without having a drastic change in price. Following the discussion of earthquake bills and such, news was brought to the attention of the Japanese government that a bank in Tokyo had finally gone bankrupt. This sent many into a frenzy trying to get a hold of their money from banks, and in turn, many banks closed. However, this Japanese bank was indeed, not bankrupt, it was only struggling,

Research from Wilson (1989) has suggested it could lead to consequential job losses. To support Wilson’s suggestion, that a negative effects exists, is the assumption derived from the supply and demand theory. Illustrated below is a diagram similar to that of the research of Power P (2005).

The idea that a nation could be concerned with its residents working too long provides a stark contrast for the typical malinger American sponging up welfare. As Americans, it is nearly impossible to appreciate the worth of a dollar as impecunious nations with far more labor-based jobs do. Contradictorily to the relinquished and profligate American citizen, the unwavering ambition and work ethic that surges like a solar flare throughout Japan highlights the nation highlights it as one of the most industrialized countries. Naturally, competition for jobs in such an economical nation is extremely high, and the best way to combat competition is to outwork and outlast all rivals. Thus, long work hours and unprecedented few work days, as opposed to the ubiquitous vacation days most companies offer their employees in America, force Japanese employees to work longer than required. In addition, overtime bonuses also bribe employers to spend their vacation days in overtime, along with the incentive of keeping their coworkers free from the umbrage of being forced to take on extra work to compensate from their absence and the doubt of their employer concerning the allegiance to their company.

Feudalism was introduced in Japan in 1185CE when the emperor started to lose power in a series of wars. The emperor gave the most powerful daimyo the title of Shogun so they would not take him over as emperor. This began a new form of control in Japan, where the leaders of different armies controlled smaller pieces of land, rather than one emperor controlling everything. The daimyo divided up the land into smaller areas and relied on peasants to farm the land and be soldiers.

In the past few decades, Japan has experienced a rapid growth with various problems associated with urbanization. Japan has also been facing declining birthrate, aging population, poverty, and overcoming deflation. Urbanization has enabled economic growth but it has contributed to climate change, pollution, congestion, and the growth of slums. Also Social and Economic development cannot be achieved without addressing global warming and other environmental issues. Due to these problems, Japan has passed several laws to implement urbanization policies and city growth management programs that primarily target regional balance in growth and concentration. On top of this Japan has worked its way to reform its economic and social issues.

The contemporary Japanese government’s choices for stabilizing its ties have changed since the 1990’s. Many of the government’s decisions have become more questionable to their superpower ally in response to the regional threats that Japan may face without sufficient assistance.

Assumptions about the Japanese workforce have turned out to be more myth than reality and some of the former strengths have become weaknesses in the new economy

Globalisation has had a profound impact on the Japanese economy influencing levels of international trade, business operations, financial flows, government policy, labour markets and even environment. This movement has been driven primarily by numerous TNCs, trade liberalization, and the deregulation of the financial system, and numerous strategies adopted by the Government and Economy, resulting in the creation of a 'new' Japan.

While Japan’s economy may be contracting, the unemployment rate has lowered to 3.1 percent in October which came down from the 3.4 percent that is was at in January of 2015. The lowest value since July of 1995, but as the number of unemployment has declined sharply and employment has rose. The average of unemployment was 2.7 which was set in 1953. The unemployment rate for Japan is reported by the Minister of Internal Affairs and Communication.