Japan's Economic Malaise
Implications of Japan’s Economic Stagnation
Japan is one of the developed countries with successful economic models influenced by the rich industrial base in the country. Japan has a well-established automotive and fishing industry that also played a role in the success of the country economically. However, with the economic stagnation in the country, there are certain implications or effects that the stagnation will have on the benefits, risks and costs of conducting business in the country. There are two major implications of economic stagnation in Japan: rise in the levels of unemployment and reduction levels Continue reading...