Economic Growth Sources for your Essay

Economic Growth of Japan Cross


The Literature -- Economic Growth of Japan -- From Militarism to Production Anne Allison writes in the Anthropological Quarterly that it was not an easy task for Japan to rebuild after World War II. The nation had been propagandized into believing it was an empire builder through militarism, but after Nagasaki and Hiroshima were blown away by the forces of the first atomic bombs ever dropped on populated cities, it was time for citizens to roll up their sleeves and "work hard" (Allison, 2012, p

Economic Growth of Japan Cross


Some authors, like C. Chandler, explain that that as far as the workforce in Japan, there is an absence of women employed in key position in companies, and he references what he calls "the narrow-mindedness of the youths in the society" (Chandler, 2012)

Economic Growth of Japan Cross


The economic crisis was not started by Japan, but Japan was affected by it, as much of the world's economies were as well. Indeed, the world's financial losses during this crisis added up to "four trillion dollars" and Japan's loses were near to $150 billion, about 4% of the global losses (Kojima, 17)

Economic Growth of Japan Cross


The Literature -- Economic Growth of Japan - Oshima Why is it general knowledge in the literature and in the worldwide conversation about Japan that this island nation will not be stymied for long notwithstanding the tsunami disaster? For one thing, even though Japanese people are now justifiable wary of electricity produced by nuclear plants -- and many nervous citizens carry miniature devices that can detect radiation following the meltdown of the Fukushima plant -- Japanese journalist Keiji Oshima explains in a peer-reviewed article that new clean energy systems will be built through Japanese technological know-how to replace the electricity that nuclear power once produced so efficiently. There is naturally an increased demand for electricity in the country -- to rebuild the economy and keep factories going that produce the technologies that Japan markets all over the world -- and Japan is in a position to become a leader in building renewable energy sources, like solar, Oshima explains (Oshima, 2011, p

Economic Growth of Japan Cross


In other words, Japan suffered from a shutdown of many companies that provided certain parts for cars and electronics. For example, the area that was slammed by the tsunami was a "supplier hub" where companies like Hitachi produced special parts -- including a "…$2 sensor that is part of a $90 airflow sensor used in engines for many vehicles" at the Hitachi plant (Rice, 2011, p

Economic Growth of Japan Cross


This is mainly because of the natural disasters (tsunami and earthquake). According to Ryan's article, consumer price inflation has been on the rise in the past year (Ryan, 2011)

Economic Growth of Japan Cross


In addition, the OECD fiscal data shows that Japan must integrate into the global economy more completely, and that means marketing medium priced cars and electronic products to middle class Asians, instead of selling high-end products (and cars) to America and Europe (79). The Literature - Japan's Political Leaders' Mistaken Assumptions Writing in the peer-reviewed British Journal of Industrial Relations, Ji-Whan Yun explains that "income inequality" is growing among the Japanese workforce "at an alarming rate" and the blame can be heaped on politicians and policymakers (Yun, 2010, p

Government\'s Role in Economic Growth


However, when the economy falters, the rates are lowered so as to encourage more borrowing and investment. However, also as noted before it is not a "fix all" as there are certainly other factors that encourage or discourage borrowing such as recessions, budget deficits, uncertainty about tax rates/types in the coming years, health insurance costs/ObamaCare and so on (Hepler, 2013)(O'Leary & Selbin, 2013)

Government\'s Role in Economic Growth


However, when the economy falters, the rates are lowered so as to encourage more borrowing and investment. However, also as noted before it is not a "fix all" as there are certainly other factors that encourage or discourage borrowing such as recessions, budget deficits, uncertainty about tax rates/types in the coming years, health insurance costs/ObamaCare and so on (Hepler, 2013)(O'Leary & Selbin, 2013)

Domestic Macroeconomic Issue Economic Growth and Development


Domestic Macroeconomic Issue Economic Growth and Development Macroeconomic stability does not single-handedly assure high rates of economic growth. Factors such as unemployment, inflation, national income, and economic growth and development are the most important determinants of economic prosperity at the macro level (Driessen 2001 p

Domestic Macroeconomic Issue Economic Growth and Development


40). Economic development refers to sustained and intensive actions of policymakers as well as communities that aim to improve the economic health and living standards of the people in a given locality (Shuford Rynne & Mueller 2010 p

Domestic Macroeconomic Issue Economic Growth and Development


The economy is likely to record very little growth if investment expenditure continues to decline for a given period for whatever reasons. In most cases, local and foreign investors reduce their investment expenditures or even decline to invest altogether due to political upheavals, unfavorable taxation policies, and harsh environments for their businesses (Smithers 2000 p

Economic Growth and Development in Business


The emergence of such concern is attributed to the fact that recovering huge costs of investment is a crucial aspect in the manner with which intellectual property rights are handled. In light of technical advancement in business, protecting intellectual rights is very important because businesses compete in domestic and international markets (Beckerman-Rodau, 1991)

Economic Growth and Development in Business


The disadvantages include their vulnerability to management problems that may affect the entire economy. The significance of the private sector in the economy is that they have no restriction in the number of shareholders and investors whereas their disadvantage is the likelihood of exploitation (Kumari, 2013)

History of Economic Growth in Saudi Arabia


The network of trade routes also connected Mesopotamia, which was the main source of agricultural goods that were highly sought after in many parts of the Arab world. Significant changes in the pace of economic development in Saudi Arabia occurred when oil exploration and production began in the early years of the 20th century (Owen & Pamuk 229)

History of Economic Growth in Saudi Arabia


Improvement and maintenance of a stable financial sector has also contributed heavily to the development of the Saudi Arabian economy. Application and controlling of the fiscal and monetary policies through the Saudi Arabian Monetary Agency (SAMA) has effectively managed a range of monetary issues in the nation (Ramady 6) Factors for the High GDP in Saudi Arabia and high population In relation to the oil exploration and diversification of the economy into agricultural production and manufacturing, the Saudi Arabian population rose significantly from the 1990s

History of Economic Growth in Saudi Arabia


Despite the uncertainties in the actual statistical data, it is clear that there is a high population growth rate in Saudi Arabia mainly composed of young people below the age of fourteen. It is also evident that the foreign population dominates the labor market in Saudi Arabia (Cordesman 6)

History of Economic Growth in Saudi Arabia


Monetary policy issues include selling and buying of government bonds with the aim of either reducing or increasing the amount of money in circulation in a particular economy. In order to provide an explanation of the unemployment problem in Saudi Arabia, it is necessary to design a model that explains the macroeconomic factors such as labor demand, labor supply and wage determination (Filc & Kohler 23)

History of Economic Growth in Saudi Arabia


Conclusion According to Keynes theory of unemployment, free markets especially at prices work to determine the levels of employment in an economy. He advocates the ability of the government in applying an aggressive measure in stabilizing an economy, based on value judgments believing that macroeconomic fluctuations may significantly reduce economic well being (Arnon, Weinblatt & Young 72)

Financial Systems, Economic Growth, and


Another approach referred to as the ICG is as follows: (1) Building market institutions, Establishment of competition and (2) Providing for an appropriate role for the government in a modern mixed economy (3) Establishing competition, and (4) Providing for an appropriate role for the government in a modern mixed economy. In the work entitled "Financial Systems, Economic Growth and Globalization" (Rousseau