japaninc.com - 7/20/2009
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Illustration of a car in the dark in front of a wall. By Edward Hugh and Claus Vistesen What has happened to Japan’s economy? Japan’s economy just does not seem to be able to catch a break at the moment. GDP contracted at an annual pace of over 15.2 percent in the first three months of this ...
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What's So Funny About Japan?
demography.matters.blog —
by Claus Vistesen and Edward Hugh The following article appeared in the June 2009 issue of Japan Inc . Japan’s economy just does not seem to be able to catch a break at the moment. GDP contracted at an annual pace of over 15.2 percent in the first three months of this year, while industrial output fell by over 34.5 percent following a contraction in exports which was nearer to the 40 percent mark. As a result the International Monetary Fund (IMF) now predicts the Japanese economy will contract by about 6 percent over the year as a whole (which compares with their current ...
Daniel Gross on Mellowing Japan
Japan Economy Watch —
... either be it through deliberate policies (a la China) or by simply allowing the demographic transition to run its course (i.e. Germany, Japan etc) they should also provide an answer towards the question of what to do with the market economy defined, as it were, by a social contract between generations, some form of paygo pension system, as well as a wide batch of centrally provided goods. Gross' analysis is not far from the view presented in a recent article by me and Edward published in the summer edition of JapanInc . In this article, we argue that Japan is dependent on ...
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