Japan: Growth and Expansion

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It Japan growth and expansion today. Japan began its growth after World War II. Environmental policies were downplayed by the government and industrial corporations, because of this environmental pollution was widespread from 1950 1960. Finally in the 1970’s the government introduced several environmental protection laws. Due to the lack of resources the oil crisis of 1973 also encouraged the efficient use of energy.

The issues of today are urban air pollution, waste management, water eutrophication, nature conservation, climate change, chemical management, and international co-operation for conservation (8) Japan is one of the worlds leaders in development of new environmentally friendly technologies, and they are ranked the 20th best in the world in the 2010 Environmental Performance Index.

Japan created a treaty called the Kyoto Protocol, and in doing so are obligated to reduce carbon dioxide emissions and to more steps to curb climate change (8,9).

The Edo Period helped to develop the structure of the growth Combs 2 of Japan’s economy. They made the transport routes, by road and water.

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They made future contracts, and banking and insurance of the Osaka rice brokers. In 1868 Japan expanded economically with the embrace of the market economy. Many of today’s enterprises were founded at that time. Japan came out as the most developed nation in Asia. The real economic growth came from the 1960s and 1980s this time is called the Japanese post war miracle (9).

During the 1990s the growth slowed down because of the aftereffects of the Japanese asset price bubble and domestic policies that was intended to wring the excesses from the stock and real estate markets.

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They tried to recover the markets but they couldn’t because of the global slowdown in 2000. But in 2005 five they finally started showing signs of a recovery (9). In 2011 Japan is the third national economy in the world after the United States and China in terms of nominal GDP. It is the fourth largest in national economy in the world in purchasing power purity.

In January of 2011, Japan’s public debt was more than 200% of its gross domestic product, the largest of any nation in the world. (9) Japan has a large industrial capacity and is home to some of the largest and most technologically advanced producers of motor vehicles, electronics, machine tools, steel and nonferrous metals, ships, chemical substances, textiles, and processed foods. Agricultural Combs 3 businesses in Japan cultivate 13 percent of Japan’s land and Japan accounts for nearly 15 percent of the global fish catch, second only in China. In 2010 Japan’s labor force was consisted of 65. 9 million workers.

It now has a low unemployment rate of 4 percent. In 2006 0ne in every six or 20 million people lived in poverty. Housing in Japan is limited by the land supply in urban areas (9). Japan’s main imports are machinery and equipment, fossil fuels food (beef in particular), chemicals, textiles and raw materials for its industries. (9) They are the leading nation in scientific research, particularly technology, machinery, and biomedical research. Japan is a world leader in fundamental scientific research, having produced 15 Nobel laureates in either physics, chemistry, and medicine, three fields medalist and one Gauss Prize laureate.

Japan specializes in electronics, automobiles, machinery, earthquakes engineering, industrial robotics, to name a few and they lead the world in robotics production and use, possessing more than half the world’s industrial robots (10). In 2008 46. 4 percent of the energy in Japan was produced from petroleum, 21. 1 percent from coal, 16. 7 from natural gas, 9. 7 from nuclear power, and 2. 9 percent from hydro power. But in 2009 25 percent of the power was nuclear power. However in 2012 all nuclear power plants were taken offline (10).

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Japan: Growth and Expansion. (2016, Dec 13). Retrieved from http://studymoose.com/japan-growth-and-expansion-essay

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