Submitted To:- Ashutosh Sharma Submitted By:- Veeraj Vashishtha (Associate Professor) NU - MBA (International Business)
Highest point onmainland: Mount Fuji(Fujiyama) (3,776 meters/12,388feet) 377,835 square kilometers (145,883 square miles)
YENNOTES • Yen is the third most traded currency in the world after US dollar and Euro.
Japan attacked US Us dropped atomic bombs on Hiroshima and Nagasaki. War Stopped with agreement and US supported Japan in trade. Japan began to grow, it set up industries and started exporting goods, by the end of 1980’s it became the second largest economy of the world.
OIL Shock in 1970’s In 1974, the economy contracted by about 1.2 percent of total GDP. Situation worsened when the value of Yen increased the price of exports, and in global market it became unacceptable. As a result, GDP growth dropped from 4.4 percent in 1985 to 2.9 percent in 1986.
Japan and five other nations signed the Plaza Accord in New York.That agreement called for the depreciation ofthe dollar against the yen and was supposed to increase U.S. exports by making them cheaper.By December 1989, the benchmark Nikkei 225 stock average had reached nearly 39,000.
•Japanese companies boughtassets overseas.•Japan had a huge trade surplus.•Japanese bank lowered interestrates. And provided moreloans, increasing the paper valueof land.•Stock exchange crashed in 1990and Japan lost more than $ 2trillion.
•Economic slowdown of 1990’s forcedJapanese Government to deregulate.•Reforms were made in airtransport, consumer goods and finances.•Manufacturing sector still have somestrict rules.
Major contributor to the economy is Industry, which includes manufacturing, construction, and mining. Manufacturing contributes largest to exports, but is dependent on imported raw material and fuel. (24% to GDP). Services (services such as financial, retail , and tourism), contributes the largest (74.6%). Agriculture contributes only (1.4%).
Major exports of Japan include:- Electrical equipment and machinery. Electronics. Telecommunication. Computer devices and parts. Transport equipment and motor vehicles, non- electrical machinery, chemicals, and metals.
Japans main imports are machinery andequipment, raw materials, including minerals andfuel (oil, liquefied natural gas, andcoal), agricultural products, and fishery products.
Japan is ranked 12th in the HDI index amongst 187 nations which shows a positive sign about Japans strategies of keeping their employees happy and developing a workforce which is highly skilled and educated by giving them remarkable health facilities.
JapansPopulation Tsunami and Earthquakes Raw is getting are very Materialold as birth Common and Fuelrate is very shortage low
Japan is the third largest economy of the world. Despite of slowdowns, disasters and natural calamities Japan managed to maintain growth and sustain it’s position. Japanese economy may face a work force problem in year 2035. But as the economy has always shown miracles it can be seen as a good investment destination.
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