Japan's inconspicuous consumption

Article Abstract:

Consumers are saving more in Japan, and this reluctance to spend is mainly due to fear of unemployment. Corporate debt and pressure on profits have meant that more companies have gone bankrupt. Unemployment has increased to 3.6% and could rise further, and there is only a weak safety net for the unemployed. Overtime has been reduced for those in work, which has meant a drop in real incomes. Saving is also seen as necessar to prepare for retirement. A recession could be beneficial in triggering necessary changes in the economy.

Economic aspects

---

So rich, so poor: Japan

Article Abstract:

Japan's trade surplus with the US could be reduced if Japan would lower its tax rate, giving its people more cash to buy foreign goods. The government denies this, but the high tax rate may be backfiring as the economy has dropped sharply and the highly taxed citizenry cannot spend enough.

Taxation

---

Tax reform runs late; after years of promises, Japan is about to overhaul its system of corporate taxation. But the result will hardly be worth the wait

Article Abstract:

The tax reforms proposed by Japan's Tax Systems Research Council head Hiroshi Kato could significantly change the structure of Japanese companies, the country's economic health and investment in Japan.

Tax policy, Kato, Hiroshi

Similar abstracts:

• Abstracts: Diversification: the European versus the US experience. European corporate responses to the stock market crash
• Abstracts: Bankers tackle cost of sending. The end of the Gulf war should refocus western minds on putting the east European economies on their feet
• Abstracts: It hurt, but did it work: economic competitiveness. Those troubled Tories: good or bad, EMU is a poor issue over which to split
• Abstracts: Dynamic competitive pricing strategies. Network marketing organizations: compensation plans, retail network growth, and profitability
• Abstracts: Benchmarks for basic scheduling problems. A new bounding mechanism for the CNC machine scheduling problems with controllable processing times

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.