Tuesday, December 18, 2012

Rice and Fish For You and Yen's For Me

In Japan their economy is not doing so hot just like everyone else due to some critical events. The tsunami that hit them in 2011 did not just affect Japan emotionally and their population but their society and their economy. It has left them in a horrible debt, which is what most countries have also. They have shut down a lot of nuclear power plants leaving a lot people out of jobs and electricity is scarce. It made me realize how much electricity I actually use for such small unnecessary things.
So I then looked up on what the government is trying to do to help their situation. They are trying to increase their exports and create free trade agreements with US, Europe, China and other countries. I thought that is a very logical way to try help boost their economy.


I hope all goes well for them as things don't look too good with the older population, closed nuclear plants and them having to heavily relying on exports. Hopefully it will be a smooth and not too bumpy ride for them.

http://apratz.wordpress.com/2011/11/04/the-cluster-web-of-technological-innovation-across-japan-recapturing-the-economic-growth/

https://www.cia.gov/library/publications/the-world-factbook/geos/ja.html

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