Neoliberal reforms in Japan
Japan has always been applied Keynesian economic policy, But by the same fundamental contradiction of capitalism and the pursuit of quick and easy profits of the financial oligarchy in the capital market, there was a major financial crisis leading to economic and social problems in Japan today.
At present, accused the State to be the main cause of theirregularities of the capitalist economy.
Neoliberalism is the project rationale and economic, social, political and ideological globalization today. The set of economic and political programs that began to be proposed as a solution to the economic crisis of the 70's.
Promoted by Milton Friedman, argues against state intervention in the economy and create conditions for the full mobility of capitalwithin the measures to achieve full mobility is uncontrolled opening of markets, deregulation or elimination of barriers to capital abroad, the privatization of state companies and reducing the role of the State
from the year 2001, the Nippon government leadership decided to apply, these measures are the cut public spending and privatization in some sectors in the country.
On June 21, 2001the Council chaired by Koizumi government decided to officially guidelines for structural reforms, economic and fiscal policy.
1 - The final consolidation of finance from banks.
2 - Structural reform in all fields, mainly in the new industry "information technology", public works, social security and local government finances.
3 - Reactivation of the economy driving the initiative of privateenterprise.
Seven are the programs for structural reforms :
1- the privatization and deregulation
2- support for the new proyects
3- Strengthening the social safety performance.
4-The strengthening of intellectual property
5-Innovation in lifestyle
6-The activation and independence of the regions.
7- the tax reform.
State and Production
The Japanese government has a guidingrole and is active in production and technology development, encouraging savings and productive investment.
In the beginning, the privileged sectors were the steel, paper, textile, automotive, machinery and shipbuilding. In addition to making use of these advantages, Japan was aided by U.S. At first, the aid was aimed at achieving national self-sufficiency, take action to end inflation (the Dodgeplan 1949), coupled with substantial injections of capital and advanced technology.
And in the mid of 70´s, information technology, robotics, electronics and precision equipment in general.
It refers to the set of knowledge generated by scientific research departments and business development and applied to the production of goods and services.It is a basic input in thecurrent world production: the creative capacity of individuals. Therefore, rules are determinated for that there is not ownership of inventions by other competitors and controlled dedicated researchers or scientists.
It was returned to China in 1997, after a century and a half under British goverment. The island was reincorporated as a Special Administrative Region of China. Itwas proposed that the currency was tied to the dollar, and to respect the legal system and customs. However, most people were afraid of losing political freedom.
In 1999, GDP per capita in China was U $ S 780 and Hong Kong, U $ S 24,570.
At first of 1990 annual imports from Singapore accounted for a total volume of 74,400 million dollars, while exports reached the figure of65,400 million dollars.
The Singapore's major trading partners are the United States, the Lapp, Malaysia, China, Taiwan, Hong Kong ,Germany.
In mid 90´s ts foreign exchange reserves were $ 70 million. This puts Singapore in the first place worldwide in this regard.
ECONOMIC CONSEQUENCES OF THE EARTHQUAKE
Although the most important right now is still the human tragedy, with thousands of...
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