Japanese economy was a miracle. Although this economy was partially the product of the cold war. In the new era of global economy, Japanese economy is exhausted with the threatens from US, EU and other rising Asian powers.
 |
| Japanese Economy Was The First Asian "Miracle Economy" |
The Japanese export growth continued to slow down. The title indicated the key information. At the beginning, the author indicated that all the downturn had started since the currency intervention of the US 15 years ago. This background is very important and is the true reason for bubbles. I knew at that time, the author is a person who understood this issue very well and this article was going to be successful.
In order to make this multi-faced story, the author interviewed some very big people, including the chief Japan economist at Morgan Stanley, Finance Minister of Japanese government. These interviews brought some this hard news very powerful explanations to support the title information.
 |
| Japanese Quality Vehicles Are Well-Known |
In the first part, the author described the current situation of Japan's export growth rate, with analysing the causes and the effects. From currency intervention to the domestic policy making, I was very fulfilled with the information I could get.
The second part of this article was actually about the future prospects. How could the currency intervention continue to influence Japanese economy in the future? Will there be any recovery in Japan's biggest markets overseas ( China and the US)? Is the future of car and electronics export ( the leading export industries) optimistic? The author also showed official figures to support his opinion.
this topic interests me because japanese economy is one of the hottest topics as a former second top coutry for over 20 years, ranked the overall GDP before being replaced by China, days ago.
ReplyDeletethis article was very successfully to attract audience's furture interest at the beginning part. it talked about the relationshipe betweent the trade volume reducetion and currency changes.
ReplyDeletethe trade and currency has been always an important econnomic/political issue since 1980s. And recently, US side put the same pressures to China, since Chinese trade growth again, threat US and other Western countries's some groups. The current Japan might be China's future.
ReplyDeletethe article continue to analyse how the Japanese monetary policy failed. with explained that although the Janpanese capital has flowed to the SouthEast Asia, since the 1986, still, the japanese has gone to bubbles, with Sony's case.
ReplyDeleteHowever, without any explaination, the audiences without any background knowleage cannot get it.