1. End of Era for Japan's Exports.
- Author
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Drovak, Phred and Nakamichi, Takashi
- Subjects
- *
BALANCE of payments , *BALANCE of trade , *MANUFACTURING industries , *FOREIGN exchange rates , *ECONOMICS , *HEISEI Period, Japan, 1989-2019 ,ECONOMIC conditions in Japan, 1989- ,JAPANESE social conditions - Abstract
The article examines economic conditions in Japan. A forecast that the country had its first balance of trade deficit since 1980 in 2011 is discussed as an indication of fundamental changes in the country's economy including the offshore outsourcing of manufacturing by Japanese corporations, an increase in retired persons and the continued high value of its national currency, the yen.
- Published
- 2012