Conduct research on the economic performance of ONE (1) country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita , unemployment rate and inflation rate to argue whe - Assignment Example

Download file to see previous pages This paper presents a brief thorough analysis of the state of Japanese economy in the postwar period. The major industries in the country include motor vehicles industry, electronic equipment production, machine tools industry, ships manufacture, chemical production and foods processing. In terms of doing business, the country is ranked 24th. The level of economic development of the country is ranked second globally
For economic development to occur the individual economy must be able to have institutions that that promote and sustain modern economic growth through economic development is defined as the sustained, concerted actions of policy makers and communities that promote the living standard and economic health.
The agricultural sector in Japan accounts for about 1.4% of the total country's Gross Domestic Product. Most of the Japanese land is not suitable for farming thus proving the little contribution of agriculture to the GDP. This has made japan become the world's highest economy of crop yield per unit area.
The government of Japan seeks to protect the agricultural sector, by establishing subsidized and protective, government policies that are in favor small-scale cultivation rather than large-scale agriculture that is practised in the North America.
Infrastructure is very essential for economic development; Japan is ranked the third biggest producer of cars globally. Toyota a company in japan is currently the world largest car maker, other Japanese car makers companies such as the Nissan, Honda, Suzuki, and Mazda
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