Answer the following questions about the economy of Japan: 1 How healthy is the patient? Support your case with data and analysis. Remember:a be careful to read the graphs you are usingb remember to say if the data is real or nominal, quarterly or annual2 Why has this patient not been healthier over the last ten years? What policies have succeededor failed – choose at least three and expl
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Answer the following questions about the economy of Japan:
1 How healthy is the patient? Support your case with data and analysis. Remember:
a be careful to read the graphs you are using
b remember to say if the data is real or nominal, quarterly or annual
2 Why has this patient not been healthier over the last ten years? What policies have succeeded
or failed – choose at least three and explain USE DIAGRAMS WHERE NECESSARY
3 What is the finance ministry/government trying to do to improve things? Explain why this will
help.
NOTE:
I EXPECT AT LEAST one THREE DIAGRAMS EXCLUDING DATA GRAPHS AS PART OF
YOUR ANALYSIS
The Bank of Japan provides very useful accounts about the
economy https://www.boj.or.jp/en/ Among the reports listed are regular “Monthly Report of
Recent Economic and Financial Developments.” These are all in English and provide a very
comprehensive health check that you can use.
The central bank has a policy committee, just like the US and you can read their reports for
examplehttps://www.boj.or.jp/en/mopo/mpmsche_minu/minu_2015/g151030.pdf and https://www.boj.or.j
p/en/mopo/mpmsche_minu/index.htm/ (just click on the pdf icon in the "MPM minutes" column for
March 18). They use much of the same data as in the monthly report but they also try to look forward so
their reports provide a view on
The central bank has a policy committee, just like the US and you can read their reports for
examplehttps://www.boj.or.jp/en/mopo/mpmsche_minu/minu_2015/g151030.pdf and https://www.boj.or.j
p/en/mopo/mpmsche_minu/index.htm/ (just click on the pdf icon in the "MPM minutes" column for
March 18). They use much of the same data as in the monthly report but they also try to look forward so
their reports provide a view on the economy’s future health.
The problem with economic commentary is not where to find it but how to choose which of the millions of
commentaries to read. For further ideas to answer questions 2 and 3 you might try the Economist, for
example http://www.economist.com/blogs/freeexchange/2015/10/monetary-policy-japan , the Financial
Times or the Wall Street Journal.
As a final complication
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