Essay on Japans Economic Problems - 3970 Words

1. A Brief Introduction Japan was a country that defied all odds and became a world power after losing a devastating war. In the 30 years after World War II the Japanese economy grew at an incredible rate, so much so in fact that Japan became the second largest economy in the world. Japan managed to successfully enact an economic system wholly different than that of the United States and because of it Japan experienced incredibly rapid growth over a period of roughly 30 years. During that period of financial power, exports were booming, the standard of living was rising, and technology was thriving. This period of growth however, did not last; in the late 1980s the bubble burst. In 1991 and again in 1997, Japan’s stock index, the†¦show more content†¦The current outlook on the future of Japan is grim; Japan needs to alter their ways in order to get back on track and continue being a major economic power. Source: (Vogel, 2006) 2. A Unique Japan 2.1 Coordinated Market Economy A key concept embedded in the Japanese model (prior to 1990) is keiretsu. Japan had a coordinated market economy rather than a liberal market economy like the U.S. (Table I). This essentially means that Japan â€Å"fostered long-term cooperative relationships between firms and labor, between firms and banks, and between different firms.† (Vogel, 2006) This network of relationships, called a keiretsu, proved stable, with the bureaucracy protecting industry from international competition and maintaining many aspects of the private sector. The bureaucracy played a large role in Japanese economics. Some claim that â€Å"Japan’s elite bureaucrats were too powerful and too inclined to meddle in markets,† thus factoring into the economic crisis facing Japan today (Vogel, 2006). 2.2 Long-term Employment In Japan, long-term employment was the norm. That is, workers would remain loyal to the corporation they worked for, and unlike in the United States, very well might work for the same company their entire life. This gave corporations an incentive to invest time in their workers and thus foster their loyalty. These long-termShow MoreRelatedThe Causes and Effects of Global Recession.3720 Words   |  15 Pagesthe economic downturn deteriorates. In Europe, Germany, Italy, Ireland and Denmark they have all suffered two consecutive quarters of economic decline the first is the technical definition of a recession and secondly it was already present before. Japan joined the list as it surprised economists and reduced in size in the ending of the year. The UK economy shrank in the third quarter of 2008, and is expected to contract through most of 2009. Many are expecting a new world order with economic powerRead MoreEssay on Why Did Japan Turn to Militarism?749 Words   |  3 Pagesmilitar y expansion? The root of Japan’s militarism started out from the developments of the Meiji era that was established by imperial restoration after Edo period. The idea of the Meiji Revolution, to boost morale and to extricate Japan from the idea of Tokugawa feudalism, had been carried over to turn Japan into militarism. In 1930s, a lot of external and internal influences such as Western Powers, Japan’s victories of war in Asia, economic depression and Japan’s oversea expansion with the successfulRead MoreThe Bombing Of Pearl Harbor1559 Words   |  7 Pagesowned to become more powerful, in contempt of the end the Japanese lost and their cities were destroyed. Japan and the United States had different kinds of relations that could have lead Japan to bomb Pearl Harbor.The United States military and Japan’s relationship seemed to get worse after Japan sank the USS Panay even though Japan apologized for sinking the ship. Japan became aware of the 19th and 20th century that there was threats from the different nations influence became very loyal. DuringRead MoreStagnant Japanese Economy Essay1434 Words   |  6 Pagesoften 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 alsoRead MoreTh e Bombing Of Pearl Harbor1566 Words   |  7 Pagesowned to become more powerful , in contempt of the end the Japanese lost and their cities were destroyed. Japan and the United States had different kinds of relations that could have lead Japan to bomb Pearl Harbor.The United States military and Japan’s relationship seemed to get worse after Japan sank the USS Panay even though Japan apologized for sinking the ship. Japan became aware in the 19th and 20th century that there was threats from different nations influence became very loyal. During 1939Read MoreEssay about Japanese Malaise793 Words   |  4 PagesTHE IMPACT OF SUPPLY-SIDE FACTORS ON JAPANESE ECONOMIC STAGNATION Japan’s ongoing economic stagnation for decades has provoked wider debate in the US. Along with the raise in unemployment rate and weak industrial production relative to other major industrial countries, the economic malaise in Japan was described as a lost decade. Studies have shown that Japanese economy suffers of severe problems that are not only cyclical but also structural in natureRead MoreAgriculture Is The Foundation Of A Country s Economic Strength1368 Words   |  6 Pages Agriculture is the foundation of a country’s economic strength. Growth of the agricultural industry increases national income, sustains the livelihood of growing populations, maintains a trade balance for all goods and encourages further motivation for the economic development in a country. The agricultural industry represents 32.4 % of global income. In the U.S, agriculture contributes 3% to national income and in Japan, 6% contributes to national income. Increasing U.S. agricultural exportsRead MoreThe Japanese Political System Essay1057 Words   |  5 Pageswithin a period of time to become an international economic supremacy and also an ally of the US. Starting in the 1990s, Japan’s economy experienced a major slowdown that caused many problems, but the country still remained its economic power that held a great effect to the world. In March 2011, thousands were killed and nuclear power plants were damaged by the strongest-ever earthquake came with an accompan ying tsunami. This catastrophe challenged Japan’s ability to deal with natural disasters and hobbledRead MoreJapans Economic History in the Last Forty Years Essay1306 Words   |  6 Pagesproduct and eventually reached number one by the late 1980s However, everything changed in the early 1990s, and Japan entered what has been described as its first lost decade (Kuepper, n.d.). Economists and historians have studied the causes for Japan’s stagnation over the past twenty years, but there are significantly different opinions regarding the issue. Most agree that the huge asset ‘bubble’ was the cause for the initial stagnation, but they disagree as to the reasons for why this persistsRead MoreThe NSI And Japans National System Of Innovation Model921 Words   |  4 Pagesbe looked at through the scope of the National System of Innovation approach, examining an overview of the NSI and Japan’s NSI, a triad relationship which consists of industry, academia, and government. Additionally, its strengths, weaknesses, and to what extent is this approach useful toward understanding differences in Japan’s rates of innovation between other countries. Japan’s National System of Innovation NSI focuses on the flows and relationships of knowledge and technology among people,

Blind Faith in Raymond Carvers Cathedral Essay - 920 Words

Blind Faith in Raymond Carvers Cathedral In the story Cathedral by Raymond Carver, the main character, goes through a major personal transformation. At the beginning of the story, his opinions of others are filled with stereotypes, discrimination and prejudice. Through interaction with his wifes blind friend Robert, his attitude and outlook on life changes. Although at first he seemed afraid to associate with a blind man, Roberts outgoing personality left him with virtually no choice. During Roberts visit, he proved to be a normal man, and showed the speaker that by closing his eyes, he could open his mind. The speakers prejudice was nearly overwhelming at the opening of the story. His being blind bothered†¦show more content†¦The color of Beulahs skin was not important to Robert, and therefore was not mentioned by the character. Until he met Robert, the speaker merely referred to Robert as the blind man, instead of someone with a name or someone with importance. He did not seem to understand why his wife had kept in touch with Robert, or how they became so close. He also seemed to feel that Robert was a nuisance to society, someone who could not take care of himself. The character spoke of the pity he felt for Beulah because Robert could never see what she looked like, read the expression on her face or receive the smallest compliment from her husband. When Robert arrived in his house, the speaker began his transformation. It began immediately upon seeing Robert with his wife, his eyes drawn to the smile Robert had placed on her face. The speaker witnessed the depth of conversation Robert had with his wife, as if he wasnt even in the room, and it seemed to spark some jealousy. Most of the changes that the speaker underwent in his understanding of Robert were because he realized that Robert was normal. The speaker was surprised to see a beard on a blind man. He had always thought dark glasses were a must for the blind, yet Robert wore none. He had read the blind didnt smoke, but Robert filled ashtray after ashtray in his home. The speaker watched as Robert ate, knowing where everything was on his plate, and beingShow MoreRelatedAnalysis Of Raymond Carver s The Cathedral 863 Words   |  4 Pages One of the Raymond Carver story where we can find a lot of religion symbols; it is â€Å"Cathedral.† The story develops an ironic situation in which a blind man teaches a sighted man to truly â€Å"see† for the first time. Near the end of the story, Carver has these two characters work together on a drawing of a cathedral, which serves as the symbolic heart of the story. The cathedral represents true sight, the ability to see beyond the surface to the true meaning that lies within. The narrator’s drawingRead More A Blind Man’s Gift in Carver’s Ca thedral Essay891 Words   |  4 PagesA Blind Man’s Gift in Cathedral  Ã‚     Ã‚  Ã‚   In Raymond Carver’s story, Cathedral, one man’s prejudice is overcome by another man’s gift. The husband in the story is given the gift of seeing a cathedral through a blind man’s eyes. The true gift comes from the cathedral, which represents the husband’s prejudice and the blind man’s open-mindedness. This gift is the revelation the husband experiences while he looks at the cathedral with his eyes still closed. According to Anatole Broyard CathedralRead More Raymond Carvers Cathedral Essay6977 Words   |  28 Pages In quot;The Compartment,quot; one of Raymond Carvers bleakest stories, a man passes through the French countryside in a train, en route to a rendevous with a son he has not seen for many years. quot;Now and then,quot; the narrator says of the man, quot;Meyers saw a farmhouse and its outbuildings, everything surrounded by a wall. He thought this might be a good way to live-in an old house surrounded by a wallquot; (Cathedral 48). Due to a last minute change of heart, however, Meyers choosesRead MoreAnalysis Of Raymond Carver s Cathedral 1832 Words   |  8 PagesIn Cathedral, by Raymond Carver, a blind man guides the narrator towards an epiphany: he needs to see situations and people in a deeper way, rather than just from a materialistic point of view. In the beginning of the story, the narrow-minded speaker is originally opposed to having the blind man, Robert, stay in his ho me. Because the narrator realizes that there is a nothingness in his life, he eventually grows to admire Robert’s ability to have faith in people, relationships, and the world evenRead MoreAnalysis Of Raymond Carver s Cathedral2364 Words   |  10 PagesPastor Bonhoeffer once said, â€Å"Judging others makes us blind, whereas love is illuminating. By judging other’s, we blind ourselves to our own evil and to the grace which others are just as entitled to as we are.† The way we treat people reflects on ourselves. The way the world judges and condemns each other is very true and an everyday reality for most. The same could be said about people who are limited by one or more of their six senses and are judged by the majority of the population who are not

Memorial Day Free Essays

Day is a day of remembrance for those who perished while serving In the military, a day to honor the soldiers who died while defending America. Our three day weekend in May is a wonderful time to get together with friends and family. To most of us, Memorial weekend it means no school/work and an extra day off. We will write a custom essay sample on Memorial Day or any similar topic only for you Order Now Memorial Day is so much more than a day off to have fun. Most students do not really even understand why they get school off; a lot of adult use this time for cookouts or parties. Memorial Day is a day where we, as Americans, should honor our fallen soldiers. Hardly anyone actually honors the soldiers by going to the parades/ceremonies In their communities. We owe It to the dead to honor their memory. The people who died for our Ideals and for their values were ordinary men and women who left the safety of their homes to fight to ensure Justice and protect our country. Brave Individuals gave their time, strength, and effort to protect our country and all that It stands for. In doing so, countless men and women who were treasured by many, eve lost their lives Their hard work and sacrifice for our nation is sometimes taken for granted: the heroic men and women who have died fighting for our freedoms must be remembered. We take for granted their sacrifices; we should take effort in reminding ourselves of the individuals who lost their lives for us. Memorial Day is a day to honor and thank all the American soldiers who have sacrificed their lives. As Americans, we should show respect for the fallen and honor them for their courageous acts of bravery. Although we may not realize it, freedom is tot free. Freedom comes with a huge price, sometimes that price being life. It is not easy to be willing to take your own life for not Just your own rights, but for the rights of a whole nation. Memorial Day is not a day to have fun and party, but a special time to remember those who showed such devotion to our country to give up their lives for it, a time to remember these heroes. Our dedicated soldiers deserved to be remembered. Our dedicated military force is the reason why we are able to stand here today with the redeems we have, and why we are able to live with so many liberties. Our rights should never be taken for granted; we should be thankful for those who have paid the price for them. We should give thanks to all the heroes for their sacrifices, spreading gratitude. Memorial Day should be a day to reflect and be grateful. We can express our gratitude by attending local parades or Memorial Day events and pray for the families of the fallen soldiers to really understand the sacrifices they have made for us and our country. Memorial Day By preferable 21 Memorial Day is a day of remembrance for those who perished while serving in Hardly anyone actually honors the soldiers by going to the parades/ceremonies in their communities. We owe it to the dead to honor their memory. The people who died for our ideals and for their values were ordinary men and women who left the individuals gave their time, strength, and effort to protect our country and all that it for granted; the heroic men and women who have died fighting for our freedoms How to cite Memorial Day, Papers

Coming to Terms with Americas Changing Families free essay sample

The paper examines the question of what constitutes a nuclear family in todays society. This paper discusses much of the controversy surrounding definition what is a nuclear family. This paper examines whether or not the family as we know it, has disappeared. The paper looks at the affect that the changing role of women in society has had on the family. The paper also looks at some other factors that have contributed to the redefining of the family, including divorce and the rise of single-parent homes, the increased visibility of non-traditional families and the role that the media has played in this question. `Why must working mothers shoulder all of the blame for the supposedly dooms day outlook that the world is going bad? This begins to sound like stereotypical scape goating. The 1992 election was a perfect example of this type of unsupported biased opinion. Dan Quayle openly condemned the fall from traditional roles by Murphy Brown as setting a bad example for our youth. We will write a custom essay sample on Coming to Terms with Americas Changing Families or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The subject of family values became one of the most heated debates of the campaign. Had Mr. Quayle actually read the statistics, he would have realized that marriage rate has gone up and down many times in the twentieth century and that we were not at low point when he made those condemning statements.`