Japan 's Foreign Capital Liberalization

From 1960, with the approval by the government of the Basic Plan for Liberalization of Trade and Foreign Exchange, a major number of sectors was liberalized; Japan subsequently liberalized imports, capital transactions and financial sector. Starting from the second half of the 1960s Inward and outward FDI were liberalized step by step, and in May 1972 the possession of foreign currency by residents was liberalized. In December 1980 the Foreign Capital Law was incorporated to the Foreign Exchange Law. This revised law was aimed to liberalize capital account transactions (Aramaki, 2006). The revision of the Foreign Exchange Law permitted the creation of a large number of foreign-owned companies and a consequent phenomenal growth of FDI in the manufacturing sector (from 1,092 millions $ in 1976-1980 to 2,359 millions $ in 1981-1985 and 7,092 millions $ between 1986 and 1990) . (Study Sponsored

TRADE BETWEEN AUSTRALIA AND THE NATION OF JAPAN - REPORT EXECUTIVE SUMMARY This document aims to shed light on the issue of trade between Australia and Japan. In this comprehensive, yet brief report, areas covered include: • Development of trade • Prospects for trade • Challenges for trade These three areas are important in finding out how

In the years after World War II, much of Europe was left in ruins, never to be the same again. While World War II was most well-known because of the Holocaust, the war that broke out in the Pacific between the United States and Japan left the Japanese utterly defeated. Yet somehow in the years following the war, the Japanese economy grew at an exponential rate for several decades. Japan’s economy flourished, the cause of this was largely due to the over sight of the United States, as well as the resilience and teamwork mentality of the Japanese workers, with the effect being a revitalized, modern Japanese economy that now competes with all the world superpowers for market share.

This essay will illustrate an analysis of the monetary policy of Japan and the impact of the global crisis of 2008-11 with the measures taken to recover from this crisis. The conduct and the effectiveness of a country’s monetary policy depend on the structure of its financial markets. According to Takatoshi Ito in Japan, governments have regulated the financial markets heavily. The Securities Transaction Law, article 65 creates barriers between banking and security dealings. Within the banking sector, regulations create barriers, there are mandated specialisations in Japan between trust baking and commercial banking, as well as between long-term, bond-financed banking and versatile, deposit-financed commercial banking. Ito (1992) states “ a government cannot efficiently manage monetary policy without thinking of influences from other countries and of the policy effects on other countries”.

Abstract A recession is full-proof sign of declined activity within the economic environment. Many economists generally define the attributes of a recession are two consecutive quarters with declining GDP. Many factors contribute to an economy's fall into a recession, but the major cause argued is inflation. As

The shortage of a domestic supply of raw materials and fuel due to rising population pressure, a rise in protectionism in foreign countries, and the recession of the domestic economy after 1929 are said to have been the economic cause of Japanese

In this paper, I will argue that those events had a huge impact on every sector of the Japanese state-development. Moreover, I will argue that the results of those events were mostly positive for the Asian state. My essay will be structured in the following way. Firstly, I will analyze the economic change, which occurred as a result of the

Japan and the United States are two major economic powers. Both countries account for a large percent of the worlds domestic products and a significant portion of international trade in

In the short article of “Yoseba and Ninpudashi” the main point is about how Japanese economy was facing struggle during the Great Heisei Recession. The author was focusing on two important institutions, the Yoseba and the Ninpudashi and how the casual labor market is important. During the 1990s American economy became over a dominant. The United State economy became the “model economy” that other countries would looked up to. In between 1970s to 1980s Japan economy was rising. During WWII Japan went through a struggle and they were rebuilding and recovery from war.

In September 1945, Japan had nearly 3 million war dead and the loss of a quarter of the national wealth. Post war Japanese economic take off was due to a variety of factors that had to do with American policies towards Japan, the international market, social mobilization, existent industrial capacities and experience, and government policies and expertise, among other things.

In 1945, Japan was devastated and lost a quarter of the national wealth after suffering a defect in the second world war. A majority of the commercial buildings and accommodation had been demolished, and massive machinery and equipment formerly used in production for the civil market were out of service to provide metal for military supplies (Miyazaki 1967). Despite the trash and ruins had left over in Japan, Japan was able to rebuilding its infrastructure and reconstruct their economy. It is revealed that the Japanese economy was on its way to recovery, which received a rapid development since the war, and the reconstruction of Japan had spent less than forty years to become the world’s second largest economy in the 1980s. This essay will explore the three factors account for the economic growth of post-war Japan: the financial assistance from the United States, the external environment, and the effective policy of Japanese government.

FINANCE AND INVESTMENT 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

Learning history is always important as it reveals our mistakes and grants us the opportunity to learn from our mistakes. My understanding of the history of economics will serve as a useful base-knowledge as I continue my studies in economics. Furthermore, studying Japanese and its history simultaneously will help me understand more about the Japanese culture and economy. In my third and fourth year of university, I will broaden my field of study to an international level. As I have mentioned previously, I plan to learn international economics through classes such as Study of Global Political Economy or International Public Economic Policy. Moreover, I will take business-related classes funded by corporates to get familiarized with industries in Japan and the real-world problems that they face. By taking courses at the department of Global Political Economics, I hope to utilize my knowledge to solve practical problems in the

And as shown, Japan is the first with 19.4 person among 100,000 committing suicide. Economically speaking, Japan went through a great economic collapse during the 90’s that was called “The Lost Decade” which stayed for over 10 years. Japan went through

| |Japan: Macroeconomic Analysis | | | | |Juan Pablo Giraudo | | | In addition to the causes above, the following events have further deepened Japan’s economic situation during the Lost Decades: