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Transcript of Japan
Shauna Keener, Jenifer Alcantara, Alexandra Ossyra, Ricardo Marsal
Meiji Restoration 19th Century
"guilty until proven innocent"
99.9% conviction rate
Third most traded currency
after the Dollar and the Euro
Currently, the exchange rates
between Japanese yen and
other currencies are:
Against US dollar: 118.4834 ¥/$
Against Euro: 148.651 ¥/€
Against British pound: 185.719 ¥/£
Currency and Exchange Rate
Inflation rate was 3.30% in August, 2014
In 2013, the Japanese public debt exceeded one quadrillion yen (US $10.46 trillion)
an additional 10.3 trillion yen of economic stimulus spending
Inflation and Debt
0 = perfect equality
1 = perfect inequality
Size of the economy
Third largest economy
Trading in Japan
Japan’s exported goods have changed over time
Large manufacturing base
Trade and Investment Patterns
Major Trading Partners
Absolute and Acquired Advantage
Japan's Trade Agreements
Fourth largest goods trading partner
Total goods traded in 2013: $204 billion
US exports: $65 billion
US imports: $139 billion
= a US trade deficit of $74 billion
Japan and the US
Pleased to meet you
My name is alex
Cars, electronics devises, computers
Process technology in steel
ASEAN as a whole
Japanese Fax Machine Industry
relatively high number of electrical engineers per capita.
market was very demanding because of the written language.
Related and supporting industries:
Large number of related and supporting industries with good technology, for example, good miniaturized components since there is less space in Japan.
Domestic rivalry in the Japanese fax machine industry pushed innovation and resulted in rapid cost reductions
Business in Japan
Do's and Don'ts
For doing business in Japan
Japan is mostly a free market economy
Index of Economic Freedom
ranks 24th within the 177 countries analyzed
Present day Japan
Roughly 2% of Japan’s
population is foreign
The Meiji government also created a conducive business environment for private businesses to thrive.