Sunday, November 13, 2016

Japanese Economic Growth, Could be Temporary.

Japan's Gross Domestic Productivity has rose consistently over the last three quarters. This growth has been aided by the decline of the Yen against the dollar, making Japanese goods cheaper abroad, as well as the profitability of it's exports from which, Japan's economy depends. This growth, to some economic experts, could actually signal a long term decline in the economy. The dependence on the outside world is what flags this growth as temporary, "Consumption is not there, and with capital expenditure, there is no growth"- Takuji Okubo, chief economist of Japan Macro Advisors

Japan's dependence on exports

http://www.bbc.com/news/business-37970456

Rodney Ross

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