Japan's Economic Condition

Although Japan changed in many ways from 1853 to 1941, there were also many factors that remained the same throughout the history of Japan. One such continuity was the maintained existence of a figurehead ruler controlled by other political authorities. The feudalistic emperor of Japan was the supposed “highest, most powerful authority” in the land, but was actually controlled by the military leaders- the shogun. Similarly, the militaristic emperor of Japan decades later continued to remain a figurehead ruler controlled by military and government officials. In addition, Japan continued to remain reliant on exports in order to maintain its economy. As a result of Japan’s small geographical size, the island nation had few natural resources and was forced to rely on exports to survive economically. The nation also grew increasingly reliant on other nations to provide materials and supplies that it could not provide for itself. This complete reliance on other nations was seen illustrated when the Japanese military was provoked to attacking another superpower- the United States, in response to the 1940 United States embargo

(Doc. 8) In the 19th century, Japan began to see that the world was moving forward without them in technology and manufacturing. In addition, they also saw that their military was inferior to those of their peers. On the matter, Prime Minister Yamagata Aritomo said, "The protection of the nation’s line of sovereignty and the defense of our line of advantage are essential if we wish to maintain our independence and security... it is essential that we begin to make significantly larger appropriations for our navy and our armed forces." To reconcile this, the nation immediately made every effort to pull themselves out of the past and into the present by strengthening their army and diving headfirst into industrialism. (Doc. 8) Much the same as the British, Japan's rapid industrial growth led to expansion and colonization. By the late 1930s, Japan had taken control of both Korea and Manchuria, giving them more power and position than they had ever before come to know. (Doc.

Between the late nineteenth century and early twentieth century, Japan’s economy developed remarkably. China had also developed economically; however, not near as much as Japan. The Japanese government industrialized greatly and encouraged western influence, but the Chinese government did the opposite.

Japan, as known today, is a world powerhouse in technology and innovation. It currently ranks third in GDP, bringing in over $4.9 trillion dollars per year. However, this has not always been the case. Japan is well known for its period of “Sakoku,” a Japanese word literally meaning “closed country.” From 1600-1850s, that is indeed what Japan was; Japanese citizens were not allowed to leave the country and no foreigners were allowed to enter. The country was completely isolated from the rest of the world, even in regards to trade. This was changed in 1854 by Commander Matthew Perry and his Navy squadron. With the Kanagawa Treaty, Perry ended Japan’s period of isolationism and pushed them into their future as a world power.

After centuries of living in seclusion to the outside world, the government knew that they needed the technological advancements that the West offered. The Industrial Revolution and growing urbanisation in Japan had intended to and succeeded in mimicking Western growth. Moreover, the Japanese were well-known for their diligence, discipline, perseverance, and hard work – this resulted in substantial economic development including increased shipping of commodities and a significant expansion of trade and handicraft industries. However, the political elite pocketed most of the profits through influence and corruption. Workers and farmers found it unfair that their patriotic and back-breaking labour only received a little wage in comparison, but with a state-controlled media and education system, they couldn’t make their voices heard. So overall, this collective and nationalistic open-mindedness for communal prosperity was beneficial for Japan as a whole, but the common people were disadvantaged with no access to basic human rights and a fair

The United States of America is one of the world leading economic powers in the world. The question is, how does the Unites States compare to other nation powers.Australia ,Cananda , China and Britain are just a few of the nation powers that can compare to the United states. This report will focus more one of the main rivials to the United States and that is Japan. Here is just a sample of Japans Numbers for 2004 compared to the United States. Unite States GDP growth is 4.30% ,unemployment is 5.60% and Inflation Rate is 1.90%. In Japan the GDP growth is 4.50% , unemployment is 4.60% and Inflation Rate is -.04%. . I think this is an important perspective because we really do live in a global

Its actions have helped initiate new industries, cushion the effects of economic depression, create a sound economic infrastructure, and protect the living standards of the citizenry. Indeed, so pervasive has government influence in the economy seemed that many foreign observers have popularized the term "Japan Inc." to describe its alliance of business and government interests. Whether Japan in the mid-1990s fit this picture seems questionable, but there is little doubt that government agencies continue to influence the economy through a variety of policies. Not only did the American press use the same terms as the federal government, but in doing so it also helped lay the framework of the Japanese- American internment in a completely inaccurate way (Lau, 2014).

The Tokugawa Shogunate era was a period of significant growth and change in Japanese society. There were two major catalysts that led to this development in Japan. Firstly, economic growth occurred due to a transformation within the agricultural sector. Merchant driven trade and market activity saw drastic changes in the work of the peasants. They moved from their agricultural land to the major cities. Trade increase led to the the creation of an effective and reliable transportation systems that allowed for Western and Eastern parts of Japan to trade. Improvements to the road systems and shipping networks were expanded under Tokugawa's rule. The influx of the population of Japanese in the city served as a major impetus for growth and change because the old notions of a static, agrarian-based economy were substituted for a well structured

In the 1900s, Japan faced a lot of economic obstacles. Due to its location on four moving tectonic plates, Japan experiences earthquakes more often than most other countries, Banks, at the time, struggled to keep economic activity stable after earthquakes and even attempted to regulate the flow by granting companies the ability to sell their products without having a drastic change in price. Following the discussion of earthquake bills and such, news was brought to the attention of the Japanese government that a bank in Tokyo had finally gone bankrupt. This sent many into a frenzy trying to get a hold of their money from banks, and in turn, many banks closed. However, this Japanese bank was indeed, not bankrupt, it was only struggling,

Something having no current or flow and often having an unpleasant smell defines the word stagnant. The Japanese economy has been stagnant for about two decades now. There are many reasons for this ‘unpleasant smell’. Firstly, the fiscal policy in Japan, the surplus in savings, its once economic bubble power and the policy management in Japan put an end to any flow that there once was. Secondly, the Global flow and structural impediments are a cause of the lack of current. The liberal Democratic Party and Vested Interest Groups and also the monetarist explanation come into play. Looking at these such topics closely give a better look and realization of Japans stagnant economy.

Firstly, the financial aid from the strong state is the main factor that arose the economic miracle in Japan. When the cold war began, the U.S. government feared that a bleak economic prospects and instability in Japan would encourage the expansion of Soviet influence in the Pacific, and with a triumph of communism in China’s civil war, the prospective of East Asia seemed to be at stake (Miyazaki 1967). As a consequence, the concern about the spread of communism, which aroused the American officials to stress the expansion of chances for

The Japanese economy, the 2nd largest in the world, accounts for 7.1% Global World GDP, at US$4.6 triliion and a per capita income of approximately US$33,550 (World Bank 2006). As a result of globalisation, literacy levels are at 99% and the general living standards of the

South Korea and Japan have had a close relationship from ancient history to the present day. Because of this reason, their economic growth and development have similarities and disparate differences. This paper will discuss some of the two countries’ major characteristics including geographic, social, and political characteristics and look at their histories and economies.

While Japan’s economy may be contracting, the unemployment rate has lowered to 3.1 percent in October which came down from the 3.4 percent that is was at in January of 2015. The lowest value since July of 1995, but as the number of unemployment has declined sharply and employment has rose. The average of unemployment was 2.7 which was set in 1953. The unemployment rate for Japan is reported by the Minister of Internal Affairs and Communication.

Japan has been in dangerous situation financially. Total amount of national debt has been expanding along with the governmental expenditure mainly because of the aging population. Therefore, in near future, my country will encounter tax reformation including the increasing the income tax and consumption rate. In this essay, by using a legitimacy framework and an equality framework I will show that each of these Japan’s taxation policy will be justified. First, I will give a brief explanation about policy-making scenario. Next, I will argue the legitimacy of imposing a tax from the point of a legitimacy framework. Finally, I will assert the necessity of the redistribution of wealth including the ideal way of redistribution by using an equality framework as a main part of this essay.