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Sean Dolan

Japan tax hikes can't wait - Chicago Tribune - 0 views

articles.chicagotribune.com/...2_1_oecd-tomasz-janowski-japan

shared by Sean Dolan on 06 Jun 12 - No Cached
  • target of 1 percent
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      most countries aim at around 3. Japan needs to get out of inflation so 1 is good enough
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      most countries aim at around 3. Japan needs to get out of inflation so 1 is good enough
  • zero rate
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      more investments because the interest rate or discount rate is zero. so increase in consumption. GDP increase if all goes well
  • budget deficits projected at about 10 percent
  • ...4 more annotations...
  • 10 percent
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      ad valorem
  • deflation
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      the deflation decreased consumption and investments because people will wait for the price to decrease then buy it at a higher price
  • exports
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      x will increase because it decreased drastically last year
  • energy shortages
    • Sean Dolan
      Sean Dolan on 06 Jun 12
       
      decrease in supply of electricity. So electric companies are increasing the price of electricity
Fuyuka Nakamura

Japan's current account surplus up 4.2% ‹ Japan Today: Japan News and Discussion - 0 views

www.japantoday.com/...current-account-surplus-up-4-2

shared by Fuyuka Nakamura on 11 Oct 12 - No Cached
  • Fuyuka Nakamura on 11 Oct 12
     
    IA
Erica Nozawa

Exports drop for fifth month - Tokyo Times from Japan - 0 views

www.tokyotimes.com/...orts+drop+for+fifth+month.html

shared by Erica Nozawa on 22 Oct 12 - No Cached
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • ...12 more annotations...
  • Japan's exports fell for the fifth straight month in July as th
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • y as the country co
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports f
  • Exports are a key driver of the world's No. 3 economy, and the country is hoping that overseas demand will help it bounce back from the March 11 disaster.
  • A surging yen, which has recently tested record highs against the dollar, is painful for Japan's exporters. It reduces the value of their foreign earnings and makes Japanese goods more expensive in overseas markets.
  • The yen is hurting the bottom lines of companies like Nintendo Co., which makes 80 percent of its sales outside of Japan. It is also forcing manufacturers like Panasonic Corp. and Hitachi Ltd. to consider shifting more production overseas.
  • Japan intervened in currency markets earlier this month to try to reverse the yen's climb. The decision to sell the yen and buy the dollar worked initially, sending the greenback toward ¥80. But the dollar has been weighed by the dimming outlook for U.S. economy and is back down to mid ¥76levels.
  • speculators for the yen's sharp gains and described recent moves as "violent."
  • Erica Nozawa on 22 Oct 12
     
    Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami. Exports fell 3.3 percent from a year earlier to ¥5.78 trillion ($75.6 billion), the government said Thursday. Exports are a key driver of the world's No.
Yayoi Tanikawa

Japan Govt to expand routine vaccinations | The Jakarta Post - 4 views

www.thejakartapost.com/...pand-routine-vaccinations.html

shared by Yayoi Tanikawa on 05 Jun 12 - No Cached
  • Japan Govt to expand routine vaccinations
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      merit good that is under consumed
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      positive consumption externality
  • The health ministry has decided to add three immunizations--against cervical cancer and two infections that can cause bacterial meningitis
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      MPB moves towards MSB
  • subsidizing fees for the three vaccinations as an emergency measure since fiscal 2010
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      making vaccinations more accessible
  • ...6 more annotations...
  • subsidies are set to be terminated at the end of this fiscal year, the Health, Labor and Welfare Ministry plans to make the subsidies permanent
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      with subsidies, more quantity at a lower price
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      encourages people to get vaccinations
  • among children
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      so they can live longer, provide more to society
  • termination of subsidies for those immunizations was seen as undesirable in light of the fact that an increasing number of young people have been diagnosed with those conditions
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      by preventing the diseases, people won't have to spend more money on treating the diseases when they get older
  • routine vaccination program as soon as it can secure funding for them.
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      under produced
  • Making all seven immunizations part of the routine vaccination program would cost 200 billion yen per year
  • "It's strange to treat them differently just for budget reasons when they are all important vaccinations
Kento Watanabe

Japan presses Ukraine on car tariffs | The Japan Times - 0 views

www.japantimes.co.jp/...presses-ukraine-on-car-tariffs

Tariffs

shared by Kento Watanabe on 14 Nov 13 - No Cached
  • Kento Watanabe on 14 Nov 13
     
    Econ IA - International
Edward Pearson

Japan can halve national, local gov't budget deficits in FY 2015: Cabinet Off... - 0 views

mainichi.jp/...20120830p2a00m0na009000c.html

shared by Edward Pearson on 23 Sep 12 - No Cached
  • ady set to rise to 8 percent in 2014 and then to 10 percent in 2015.
  • set to rise to 8 percent in 2014 and then to 10 percent in 2015.
  • The Cabinet Office then estimates that reductions in government spending, coupled with the consumption tax increase, will drastically improve Japan's fiscal condition.
  • Edward Pearson on 23 Sep 12
     
    Japan is likely to achieve its goal of halving the ratio of national and local government budget deficits to Japan's nominal gross domestic product (GDP) in fiscal 2015 from 2010 levels, according to a final draft of the Cabinet Office's mid- and long-term estimates.
Edward Pearson

Lost in inflation: the trap of focusing solely on the consumer price index | The Japan ... - 3 views

www.japantimes.co.jp/...nb20120220jp.html

Inflation Monetary Policy Fiscal Policy Balance of Payments

shared by Edward Pearson on 31 May 12 - No Cached
  • interest rate policy since February 1999
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      -Increase borrowing and decreasing savings -however, real interest rates are positive due to deflation 
  • the government's fiscal policy options are starting to run out
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      Increase in budget deficit as spending increases and tax revenue decreases - along with debt of 215% of GDP
  • This is reflected by globalized Japan's descent into its first trade deficit since 1980
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      GDP=C+!+G+X-M  demand for domestic products decrease because foreign products are relatively cheaper - increase in M and decrease in X, so AD decreases and GDP decrease causing deflation
  • ...4 more annotations...
  • prices in Japan remain very high by international standards.
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      Lack of factors of production - mainly land need for importing from foreign countries possible solutions- Free trade
  • This is one factor behind Japan's high prices.
  • cannot pin their hopes on wage increases
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      should be a decrease in wages as revenue decreases - sticky wages 
  • They should step back and take a look at the big picture, including Japan's abnormally high prices,
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      deflation possibly could be advantages - increase in spending power, international competitiveness etc 
Yayoi Tanikawa

BBC News - Japan retail sales and household spending continues in April - 2 views

www.bbc.co.uk/...business-18246288

shared by Yayoi Tanikawa on 31 May 12 - No Cached
  • sales and household spending continues in April Japan has been trying to boost domestic demand to sustain its economic growth Continue reading the main story Related Stories Sales tax hike is a bitter pill
  • continues
  • sales
  • ...10 more annotations...
  • Retail sales climbed by 5.8% from a year earlier, while household spending rose by 2.6%.
  • Policymakers have been trying to boost domestic sales to offset weaker exports.
  • pan has been trying to boost domestic demand to sust
  • Car subsidies
  • t consumer sentiment was also improving
    • Yayoi Tanikawa
      Yayoi Tanikawa on 01 Jun 12
       
      if consumer sentiment improves, they will be more willing to consume, therefore increasing AD
  • Last year people didn't travel much after the earthquake, but this year we see people willing to spend more money on vacations
  • actually 0.3% lower in April than they were in Marc
  • retail sales were
  • rate of unemployment ticked slightly higher in April, hitting 4.6% compared with 4.5% in March.
  • "We would need to see an increase in salaries for consumption to improve further,
Shoko Kuroda

BBC News - Factory output in Japan weaker than expected in April - 4 views

www.bbc.co.uk/...business-18275584

shared by Shoko Kuroda on 31 May 12 - No Cached
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Demand, indicates that this article is on micro economics, relating to supply and demand
  • output
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Output is another word for supply and this can be referenced to micro economics, which is about supply and demand. 
  • ...10 more annotations...
  • China's slowdown and a rising yen for the expected fall.
  • As Japan continues to recover from a devastating earthquake and tsunami last year, the ministry said industrial production continued to improve.
  • Industries that contributed to the slight rise in output included transport, chemicals and electrical machinery.
  • "More crucial is final demand in China,
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      I could draw a demand - supply diagram from this, indicating the declining demand for cars, consequently leading to a drop in supply. 
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      This is because China is a massive economy, and it bears an extremely important role in the Japanese economy, especially after having taken over the second largest economy world wide. 
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      Japan's economy stagnated severely after the earthquake and tsunami. This was due to the rapidly dropping demand from consumers, who deferred purchasing inessential goods. 
  • , demand from China would be the determining factor for continued growth
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      This quotation indicates the global impact of the Chinese economy. Because a large proportion of Japanese goods' is exported to China, a decrease in demand means that there would be less output. This can be related to the US GDP article, stating that a decrease in demand would make it difficult to produce the good to be either exported or imported and have affect on GDP growth. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Need to explain how decrease or increase in currency can influence output. 
  • Erica Nozawa on 31 May 12
     
    Japan's factory output was weaker than expected in April because of slower demand for electronics goods, especially in China. Output was 0.2% higher in April from March, the Trade and Industry Ministry said. Analysts had forecast a figure of 0.5%. The ministry said it expects output to fall in May, before rebounding in June.
tom takakuwa

BBC News - Toyota extends production cuts due to Thailand floods - 0 views

www.bbc.co.uk/...business-15587229

shared by tom takakuwa on 05 Jun 12 - No Cached
  • The company said production in Thailand will remain suspended, while Japanese units will work at reduced capacity until 12 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Decrease in the supply of cars in Japan
  • Toyota is the world's biggest carmaker.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      As largest car maker in the world, this will impact the market for cars. Increase of price due to less quantity
  • suspension of production in Thailand was expected to resulted in the loss of 69,000 units between 10 October and 5 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Statistics of a decrease in supply
  • ...2 more annotations...
  • to be down by 22,000 units between 24 October and 5 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Also could explain why prices would go up.
  • US and Canada by 50% due to shortage of parts.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Will also explain a shift in supply because other companies are also not doing as well as anticipated.
  • tom takakuwa on 05 Jun 12
     
    Toyota has extended production cuts at its factories in Thailand and Japan due to shortage of parts in the wake of floods in Thailand. The company said production in Thailand will remain suspended, while Japanese units will work at reduced capacity until 12 November.
Aili Saito

Panasonic may halve its 7,000-strong headquarters ‹ Japan Today: Japan News a... - 0 views

www.japantoday.com/...e-its-7000-strong-headquarters

shared by Aili Saito on 08 Jun 12 - No Cached
  • aimed at speeding up decision-making
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      can relate to economies of scale = lack of communication is resolved
  • rival Sony
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      example of substitute good = XED 
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      PED will alter
  • been badly hit by the appreciation of the yen,
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      exports decrease 
  • ...3 more annotations...
  • falling prices
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      movement on the demand function
  • 772.2 billion yen loss
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      loss = bad 
  • halve its 7,000-strong headquarters
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      increase in unemployment
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