Goods Essay

1223 words - 5 pages

It has been a year since Prime Minister Abe launched Abenomics. The three arrows plan of monetary, fiscal stimulus and structural reform took place in Japan with the hope of lifting up Japan’s economy from deflation and economic depression that lasted for two decades. The depression began early 90s when the global rise of Japanese corporation such as the Mitsubishi, Sony, and Toyota suddenly ended and the fall of the stock market price lasted for long. The Japanese asset price bubble, left people in Japan with huge amount of loans, and lead financial organization to face difficulties. After that, Japan’s economy was trapped with slow growth and recession. Therefore, some economists believe that Abenomics the three arrows plan will work for the recovery of Japan’s economy. Akira Amari Economics Minister, such as, states “Japan is escaping from deflation,” but because there is complication with low self-sufficient rate, aging population, wasted investment, and end in the protection for farmers Abenomics may not turn out well.
The first arrow momentary policy of Abenomics was aimed to reduce real interest rate. To do so, government asked the Bank of Japan for corporation and they embarked on an aggressive monetary policy. Driving yen to become cheaper by doubling the money supply and aimed the inflation rate to become 2% within two years. Some argue that by this action, yen will devalue against dollars and boost exports, as people in other countries will start purchasing cheaper products from Japanese-manufacturing industries. Then, the increases in sales for Japanese industries will feed into corporate earnings and turn into increase in business investment that will eventually boost the stock prices. This according to the Nomura teams “make it easier for companies to raise funds, and make companies more likely to invest in business expansion.” In fact, the first arrow momentary policy seems to be working. Since, Japan’s stock market “[recorded] an unprecedented 40% percent annual gain”. In addition, people started holding confidence and are spend more money. On the top, the “real GDP reached $5.3 trillion” being the highest level recorded from 2001. Therefore, the momentary policy is estimated to narrow gaps between GDP and potential GDP and allows the Japan economy to escape from deflation.
Yet, since Japan has a low ”self-sufficient rate of 39%” and it’s average age according to the CIA World Fact book is 45.4 years in 2012, Nobuyuki Saji claims that Japan could become “a nation of poor seniors” because cheap yen will cut the real income. This is because most of the consumption such as energy, food, and clothes are imported from other countries. And, since euro has increase 7% and dollars has jumped 6%, Japan citizens has to pay more as an excessively cheap yen will rise the prices for imported items. Leading people to fall in debt because they need to spend more money to buy goods and services. Furthermore, although...

Find Another Essay On goods

Fast Moving Consuming Goods Essay

1780 words - 7 pages , Ovaltine are similar such as powdered drink, instant drink, pack drink and others. According to summary of Fast Moving Consumer Goods(Milo) Survey(2014)(Q13. In your opinion, is Milo better, about the same or worst than another brand ?) , the opinions of 49% of respondents , Milo is same as another brands.On the other hand, external factor (threat), the prices of Milo's competitors is cheaper than it. According to Tesco Stores (Malaysia)(2012) , the

Market Demand of goods Essay

1613 words - 6 pages IntroductionWhat is economics? Economic is the study of how society chooses to allocate its scarce resource to the production of goods and services in order to satisfy unlimited wants, because of that price of goods product can be increase or decrease. In addition technological change can make the creation, development and application of the new products and productive processes. According to article from several source the new apple iPod music

Colonization for Goods

956 words - 4 pages Soninke people controlled their country’s resources by trading them for goods. But when the Portuguese traders arrived in Ghana they, "discovered much gold and in 1482 built a fort at Elmina. Trade between Portugal and the tribes of Ghana flourished, with gold dominating trade. The Portuguese later built more forts/"(Levy 23). The Portuguese's success imbued the English, Germans, and Danes to also build forts in Ghana. Ghana's abundance in gold plays a

Transportation of Traded Goods

799 words - 3 pages through legal panel for a legal review to ensure that best resources are available, and that the production of goods and services are constant. The free market do not offer these type of services, because they are standalone companies that have no centralized direction, which means buying and selling is only on a volunteer bases. Buyers and sellers in the free market industry expect to capitalize by gaining from transaction activity through their

Fast moving consumer Goods

4130 words - 17 pages INDUSTRY - FMCGSubmitted by:(GROUP 10)Himani Kothari (23)Kanupriya Verma (27)Mohit Kumar (34)Pradhan Rachit (39)Prasad Kamath (41)Executive SummaryThe Fast Moving Consumer Goods (FMCG) sector in India has been growing at a healthy CAGR of 11% over the last decade.Riding on the back of increasing demand and changing consumer preferences, thanks to higher disposable incomes and the retail revolution, the sector has been posting double-digit growth

What are Fair Trade Goods

845 words - 4 pages Fair Trade goods are products that bear a logo which come from farmers and workers who are reasonably compensated. Fair trade helps farmers in developing countries build sustainable businesses that positively influence their communities. Fair Trade USA is a nonprofit organization, but instead of charity they teach disadvantaged communities how to use the free market to their advantage. With Fair Trade USA, the money you spend on day-to-day goods

Reilgion declines as Materilistic Goods take over

828 words - 3 pages ENG3U: Informal Essay[North] Americans do not believe in a higher power as they put more emphasis on material goods. First off, North Americans do not put enough effort into religion and it's symbolism as much as they do with regards to material objects and their significance. Also, people put more money into materials, objects or items, rather than donating to their local parish. Furthermore, the desire for the American Dream outweighs our need

Population Growth Equals Greater Demand of Goods

688 words - 3 pages The prices for these luxury goods are getting more expensive rather than cheaper, so why are these sales escalating? Population growth is one possibility as the greater the population, the greater the demand. Society today is based on the fundamental concept of supply and demand. If the demand increases the quantity supplied will rise. If the demand decreases the quantity supplied will diminish. However, the fluctuation in demand for

Business : Watson Leisure Time Sporting Goods

803 words - 3 pages We first start off by looking at the gross profit margin. By tracking the gross profit margin it allows us to keep an eye on profitability trends. In the case of Watson Sporting Goods, the gross profit margin has not fluctuated much from one year to the next (going up by 1% each year). With an adequate gross margin the company will be able to pay its operating and other expenses and build for the future.Although 39% is a good gross profit margin


2894 words - 12 pages (like manufacturers of refrigerators compete amongst themselves) but for the wallet share of luxury goods in total.Description of the luxury goodsThis category of goods is heavily playing to the consumer experience and treating the consumer well. Goods and services in th7550e luxury market are constantly expanding with the times, and more and more products are being added to meet the growing desires of the target segment.Some of the main categories

Luxurious Goods: Louis Vuitton Moet Hennessey

2005 words - 8 pages Louis Vuitton Moet Hennessey Louis Vuitton Moet Hennessey is most appealing to me because of the company’s capability to produce luxurious goods in a number of categories. Better known as LVMH, the company strives to be the best that it can be in many nations throughout the globe. This company sets the standards for what all businesses should strive for in terms of success, and their luxurious products have risen to the top of their class

Similar Essays

Counterfeit Goods Essay

881 words - 4 pages Counterfeit goods have become more popular and widespread all over the world, in particularly, in the Eastern for years. “The United States says that China is the No.1 offender in sales of counterfeit goods, but that the goods are also traded in South Korea, Pakistan and Indian. The issue has become a major trade dispute” (The New York Times, 2007). It includes almost all sectors such as clothing, jewelry, electric equipment, medications and

Collective Goods Essay

1577 words - 6 pages The international community is made up of many state actors that contribute in some form or other to establish a world that can establish key public goods. When more than one nation is trying to come together to achieve their collective goods, the nation may be confronted with a number of issues. There are times when the countries may need to come together to make decisions in specific topics like global warming, ozone depletion, space

Goods Essay

6552 words - 26 pages Research paper on Unwanted Phone Calls Prepared by M. Abdullah Al Mamun ID# 043 151 030 Prepared for Dr. Deena P. Forkan Course: ENG 105 Section: 3 Date: 22/08/06 North South University A Research On Unwanted Phone Calls Table of Contents Acknowledgement …………………………………………... i Abstract

Sale Of Goods Act Essay

2000 words - 8 pages A Section 13 (1) of the sale of goods act provides that where a good is sold by description the good must correspond with the description. The description of the good should be accurate and if the goods do not match the description the buyer is entitled to a remedy. This implied term only applies to goods sold solely by description and does not apply where the buyer inspects the goods before the purchase . In Harlington & Leinster v
Bot Changer VPN v1.7.0 Premium APK [APKGOD] | Heartcatch Precure! Movie (2010) | Fashion Vintage Retro Creative Quill Feather Dip Pen With 6 Nibs Set Gift Supply