Tokyo in torment

Article Abstract:

The Japanese economy is slowly worsening as its stockmarkets face sudden drops. The financial services industry has never been as profitable as other Japanese industries, but the rest of the economy is slowing too. A recession is possible, but it may be what is needed to improve business practices.

Analysis, Economic aspects, Japan, Financial services industry, Financial services, Statistics, Advertising, Tokyo Stock Exchange, Nikkei Dow Jones Industrial Average

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Reasons to be cheerful

Article Abstract:

Economists predict that the global economy will grow overall in 1997, and that a fall in the value of the stock market will not have many economic implications. Consumption is expected to remain at a steady level even if markets fall, while investment levels could fall if markets fall.

Editorial, Forecasts and trends, International economic relations, Economic history

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