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Japan's Economic Outlook : Revving Up The Export Machine
Oleh:
Woodworth, Jay N.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 26 no. 4 (1991)
,
page 40-44.
Topik:
export
;
japan's economic outlook
;
export machine
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This was the year when japan's economy was supposed to slow down - perhaps even experience a "growth recession" of less than 3 percent real growth - thanks to recessions elsewhere in the world and tight money at home. But that's not happening. Instead of slowing, japan's economy is reac - celerating, mainly due to a revival of the export machine, which was last seen working overtime in the mid 1980 - s. How can this happen ? In order to survive, japan poured roughly $ 1,6 trillion into new capital investment for modernization, cost - cutting and quality improvement. Its exporters are picking up market share around the world, especially in the hard - to - crack markets in europe and southeast asia. Japanese industry has advanced the state of the art in many consumer and capital goods to new levels of exceptionally high technology and inbelievably high quality. The only question is whether japan's new trade and economic successes will result in further political and trade - policy frictions in washington.
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