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Essay

Japan Economy

Essay specific features

 

Issue:

Business

 

Written by:

Roger K

 

Date added:

October 28, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2644

 

Was viewed:

3186 times

 

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Essay content:

During the postwar period and until 1990 the main objective of Japan's economic policy makers was to maintain a strong and stable rate of growth. During the late 80s, the Yen had experienced significant appreciation, as a consequence of the Plaza Accord. This appreciation impacted the traditionally important Japanese manufacturing sector, as it made it less competitive in the international market...
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This appreciation impacted the traditionally important Japanese manufacturing sector, as it made it less competitive in the international market. In the period between 1985 and 1986 the growth rate of the economy reduced from 4.4% to 2.9% (EIU 2000). The Bank of Japan quickly changed it’s policies and implemented measures to compensate for the slowdown in the economy and between 1986 and 1987 reduced the official discount rate to 2...
displayed 300 characters

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