Decade : An Introduction Japan’s economy has endured the first lost decade during the 1990s. Looking at the current situation‚ experts are pointing out that Japan is now experiencing their second lost decade due to similar characteristics of the first which is stagnant‚ non-improving condition of their economy. Did Japan learn anything from the previous lost decade‚ or did the steps taken to avoid another lost decade were too weak? What was the problem? We will try to look into the situation of both
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Japan and its economic development: Japan is one of the most studied economies in the world‚ due to its spectacular growth in three different periods. The three periods have huge gaps between themselves. At first we will see the foundation of Edo (1603) with the whole inland economical developments‚ secondly we will see the Prewar period(1868-1945) and thirdly we will see Japan after the defeat of World War II (1945) (postwar period)when the island nation rose to become the world’s second largest
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May 24‚ 2013 Post-war Japan benefited greatly from the United States. Once the U.S. occupied Japan it took sole responsibility to make the country a “self-sustaining nation” capable of resisting Soviet pressure from abroad and major political agitation from within (Brower 2006). General MacArthur‚ U.S. Army commander-in-chief‚ held absolute power and answered only to the U.S president during his occupation of Japan (Brower 2006). The social reforms MacArthur implemented during this time included
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1. In the 1980s Japan was viewed as one of the world’s most dynamic economies‚ today it is viewed as one of the most stagnant. According to Hill‚ The Japanese economy has stagnated because in quick succession their stock market collapsed and property prices rapidly followed. Japanese banks found their balance sheets loaded with bad debt and they reduced lending. As the stock market plunged and property prices imploded‚ individuals saw their net worth shrink. Japanese consumers responded by sharply
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Vietnam – Japan Relations The economy of Vietnam Vietnam – a country locates in South East Asia which has the area of 329‚560 sq km. With the history spans over 4000 years‚ Vietnam’s identity has been shaped by long-running conflicts with foreign forces. The Socialist People’s Republic of Vietnam was founded in 1954 and unified in 1976 after the Vietnam War. Since 1986‚ Vietnam has embarked on the course of “Đổi mới” (Renovation Policy) – the comprehensive economic renovation which aims to eliminate
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Marketing strategy in Japan While a company launches new foreign country entering operations‚ how to make an outstanding advertising‚ pricing and distribution strategies are essential to distinguish within the business (Bowman et al‚ 1995). According to Euromomitor International (2013)‚ personal care products are famous for enrich organic and other pure and natural ingredients‚ a large amount of top-edge firms via different kinds of distribution channels‚ such as supermarkets‚ individual care specialists
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The Influence Of Chinese Culture On Japanese Culture by Char4U.com The Chinese civilization was a much older civilization than the Japanese civilization. The Chinese and the Japanese had cultural and commercial relations that date back to 200 A.D. Chinese culture flowed out of China and into Japan to influence Japanese culture in several waves. The degree to which the Japanese adopted Chinese cultural influences depended on the receptivity of the latter at that particular historical juncture
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Organisational culture differentiates organisations from others. Often described as “the way we do things” Identify and explain Charles Handys 4 different cultures Power culture is a dominant culture where a small group or individual determines the culture. It’s like a web with a ruling spider and power and influence are spread out from the central figure or group. A role culture is where organisations are controlled by procedures and role descriptions. This type of culture is where everyone does
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Learning difficulties from Chinese and American culture Question 1 Different culture of East and West can cause problems in each other. American culture trends to individualism. They need for more privacy and personal space. They do not independent of other people. On the contrary‚ Chinese culture trends to collectivism. They need to more close physical contact and close personal relationship or friendship. They concern about other people live for building up a close relationship. Therefore
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aggragate demand and aggregate supply. This story is about Japans changes in economy. At the beginning of this story‚ Japan was really good place for living. Even small-business owners were able to live luxuriously. They could afford themselves good cars‚ expensive homes abroad‚ vacations all over the world‚ rich weddings and good night-life. But at all of a sudden‚ everything changed. All of these things vanished. It was unexpected because Japan was the first Asian country which was competition to the
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