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Erin Drill Wyatt Hammell Emily Pieper
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AN ECONOMIC FORCE
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2 nd largest economy after the US (3.249 trillion) It went through many economic reforms in the 1970’s which jump-started the economy It has been growing at nearly 10% every year since 1979 Still a lot of government-controlled businesses The government is looking to raise interest rates to keep the market from overloading with cash flows from foreign investment (a tighter monetary policy High level of unemployment in rural areas
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Percent of GDP
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Slowing Growth The Olympics (Silver Iodate) Cutting Emissions (2 nd largest importer of oil) Pollution Human Rights (Tibet, protesters) Local Farmers angry at local and state officials for taking their land for economic development Corruption Aging Population (due to one child policy)
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Competing with India Rocky Relationship with the US
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One of the Asian Tigers to see tremendous growth after WWII Service Industry account for 91% of GDP Average growth rate has been around 5% GDP of 203 billion The world’s freest trade country Very dependent on trade (only six times the size of DC) Limited Government Control
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China’s accounts for 49% of exports Trade has been increasing with China nearly 9.2% increase in the past year Largest foreign investment for China China is Hong Kong 2 nd largest foreign investment More Integration with China due with trade and tourism China still has some control over Hong Kong’s government (Military control)
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Long held 2 nd largest economy Largest economy Rule of British colonies
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Since 1997 Recent GDP growth Intelligence expansion GDP GDP official exchange rate GDP growth rate GDP per capita Population below poverty
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Federal Republic Legal system
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Exchange rate USD Imports Exports Revenues Expenditures
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Poorest richest 1990’s Military Rule civilian president
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Trillion Dollar Club Export growth Inflation/unemployment relevant to rising oil price GDP GDP official exchange rate GDP growth rate GDP per capita Population below poverty line
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Republic government Political system Lee Myung-bak
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Exchange rate USD Imports Exports Revenues Expenditures
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In the late 1990s, Japan Economy suffered its longest recession since World War II.
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GDP (purchasing power ):$4.417 trillion GDP (official exchange rate):$5.103 trillion GDP - real growth rate:1.9% GDP - per capita : $33,800 Exchange rate: yen per US dollar-117.99 GNP Japan $4,852 per capita is $38 Japan is the world's second-largest economy by real GDP, nominal GDP and by market exchange rates
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China 20.5%, US 12%, Saudi Arabia 6.4%, UAE 5.5%, Australia 4.8%, South Korea 4.7%, Indonesia 4.2% machinery and equipment, fuels, foodstuffs, chemicals, textiles, raw materials
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US 22.8%, China 14.3%, South Korea 7.8%, Taiwan 6.8%, Hong Kong 5.6% transport equipment, motor vehicles, semiconductors, electrical machinery, chemicals
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GDP (purchasing power)$222.7 billion GDP - real growth rate: 7.5% GDP - per capita:$48,900 Exchange rate: Singapore dollars per US dollar - 1.507
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Imports – partners: Malaysia 13%, US 12.7%, China 11.4%, Japan 8.3%, Taiwan 6.4%, Indonesia 6.2%, South Korea 4.4% (2006) machinery and equipment, mineral fuels, chemicals, foodstuffs
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Exports – partners: Malaysia 13.1%, US 10.2%, Hong Kong 10.1%, China 9.7%, Indonesia 9.2%, Japan 5.5%, Thailand 4.2% machinery and equipment (including electronics), consumer goods, chemicals, mineral fuels
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https://www.cia.gov/library/publications/th e-world-factbook/print/ja.html https://www.cia.gov/library/publications/th e-world-factbook/print/ja.html https://www.cia.gov/library/publications/th e-world-factbook/geos/ja.html https://www.cia.gov/library/publications/th e-world-factbook/geos/ja.html https://www.cia.gov/library/publications/th e-world-factbook/geos/sn.html https://www.cia.gov/library/publications/th e-world-factbook/geos/sn.html http://www.indexmundi.com/g/g.aspx?c=sn &v=66 http://www.indexmundi.com/g/g.aspx?c=sn &v=66 http://www.indexmundi.com/g/g.aspx?c=ja &v=66 http://www.indexmundi.com/g/g.aspx?c=ja &v=66
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