Japan's shock absorbers lose their resilience

Article Abstract:

The core of Japan's economic problems center on the length of time it took the Japanese government to finalize its bank recapitalization plan which would make it easier to close financially insolvent banks. The yen continues to surge against the US dollar which increases the pressures of deflation and the surety of economic collapse. Analysts believe this could happen by Jun 1999 or early 2000.

Public Finance Activities, National Government Finance, Cover Story, Public finance

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Japan's great need for an overhaul

Article Abstract:

Japan has to deal with the economic structural crisis and initiate reform to deal with its current problems. The limited growth, the growing unemployment and the actual bankruptcy of several financial institutions need to be dealt with. While short-term growth can be initiated, long-term changes depend on actual institutional restructuring.

Economic policy

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A hard road to recovery

Article Abstract:

The state of the Japanese economy in 2000 is discussed, with focus on the lack of growth during the 1990s, and the contrast between the performance of companies that export goods and domestic companies.

International trade, Sony Corp.

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