Time for Japan to jump off the yen roller coaster

Article Abstract:

Economic development in Japan has been undermined by the instability of its currency and relatively weak interest rates. Conditions are further aggravated by assumptions that the yen would be able to reach record high rates. Such speculations do not only put domestic investments in peril conditions, but force international and local entrepreneurs to invest in yen bonds with lower interest yields. In order to address the problem, Japanese trade officials must push for the liberalization of its markets, particularly in services and agricultural sectors.

Economic Programs, Administration of Economic Programs, Japan, Column, Economic policy, Currency devaluation, Devaluation (Currency), Yen (Japan)

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Reaping the benefits of sound economic management

Article Abstract:

Indonesia is now achieving the gains as a result of 30 years of sound economic management. Its foreign reserves is at around $20 billion while foreign debt has been decreased over three years. Local companies are also reporting growth of no more than 20%. The total growth is expected to reach 7.5% or over in 1997. Exports also reached $52.2 billion while imports were at $50.8 billion.

Gross National Product, Indonesia

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