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- Title
JAPAN'S GOAL: REDUCE ITS SURPLUS, EXPAND ITS EXPORTS.
- Authors
KASHIWAGI, YUSUKE
- Abstract
The article focuses on efforts by Japan to expand its exports and reduce on surpluses. It states that the structure of Japan's capital exports suggests that Japanese investors are actively exporting capital. It mentions that until the early 1970s, Japan's economy underwent constant rapid growth that was sustained by capital investment from the business sector and by the growth of exports. It states that Japan's economy suffered from an oil crisis and a surcharge on imports to the U.S. in 1971. It comments that this resulted in Japan's economy suffering from recession, inflation, and a current account deficit. It states that increased savings by Japanese people and falling investments produced an investment-saving gap which resulted in the growth of current account surplus.
- Subjects
JAPAN; UNITED States; FOREIGN investments; JAPANESE economic policy; SAVINGS; CAPITAL investments; ENERGY shortages; UNITED States economic policy
- Publication
Financial Executive, 1987, Vol 3, Issue 4, p5
- ISSN
0895-4186
- Publication type
Article