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The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. [24] It is the fourth-largest economy in the world by nominal GDP behind the United States, China, and Germany, and the fifth-largest by purchasing power parity (PPP), below India and Russia. [25]
The data confirms that Japan’s economy was the world’s fourth largest behind Germany in US dollar terms last year. Domestic demand was particularly weak. All major domestic demand categories ...
The Lost Decades are a lengthy period of economic stagnation in Japan precipitated by the asset price bubble's collapse beginning in 1990. The singular term Lost Decade (失われた10年, Ushinawareta Jūnen) originally referred to the 1990s, [1] but the 2000s (Lost 20 Years, 失われた20年) [2] and the 2010s (Lost 30 Years, 失われた30年) [3] [4] [5] have been included by commentators ...
In Japanese history, the Jōmon period (縄文 時代, Jōmon jidai) is the time between c. 14,000 and 300 BCE, [1] [2] [3] during which Japan was inhabited by a diverse hunter-gatherer and early agriculturalist population united through a common Jōmon culture, which reached a considerable degree of sedentism and cultural complexity. [4]
Unemployment has stayed relatively low in the world’s fourth largest economy at about 2.6%. Japan suffers a serious labor shortage, as its birth rate continues to drop, hitting a record low last ...
Japan’s economy eked out an annual rate of 0.9% growth in the July-September period as consumer spending held up, government data showed Friday. Private consumption, which makes up more than ...
Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending, revised government data showed Monday.
In the initial phases, the Occupation focused on liberalizing and democratizing Japanese society to ensure that Japan would never again be a threat to world peace. [2] Within this permissive atmosphere, the Occupation allowed the Japanese to pursue an expansionary economic policy, but the economy quickly overheated, leading to hyperinflation. [3]