Japan's macroeconomics

1st slide•The ideal GDP growth rate is neither too fast to cause inflation or too slow to cause a recession.

•‘Healthy growth rate’ is considered to be between 2-3%.

•“Modern economic growthis characterized by sustained and on going increases in living standards that can cause dramatic increases in the standard of living within less than a single human lifetime.”
•A healthy growth rateto Japan according to the figures found is about
•Growth is one of the 4 macroeconomics goals.

•“Growth lessens the burden of scarcity”

2nd slide•The past 12 years, Japan has gone from a-2.0 GDP growth rate in 1998 to a 2.7% in 2004 and later on to a 0.4% in 2009.

•This shows that in 1998 Japan’s economy contracted and it was going through recession. In 2004 their economy wasgrowing at a healthy rate and in 2009 it has been growing but not in the necessary rate, meaning they are on a recession like the majority of the world.

3rd •GDP per capita can also be used in order toobserve how the economy is responding in terms on growth and if the current growth is healthy enough for the economy. If GDP per capita is rising, then life standards are set to be rising as well.•This would mean that the economy is growing and people are better off than they were before.
•Japan has had an increase in GDP per capita since 1998 up to 2009. However during this time period ithas had slumps. However due to this figures and the ones of GDP growth rate, it can be said that Japan hasn’t had a healthy growth rate and the economy is in a recession at the current moment likethe majority of the nations in the world.

4th •Japan had an unbelievable growth after the restoration in Meiji (non-European world power), and after WWII it became the second largest economy in theworld.
•The main factors that contributed to this immense growth and change in Japan was the vital commercial sector, the level and quality of the investment done there (industrialization and...