2/1/12

Japan's Economic Decline



By selling their products all over the world, Japan has become one of the richest countries in the world. They have been successful in exporting goods, despite their struggle against earthquake, tsunami and the nuclear crisis in 2011. But these situations have caused a setback for Japan’s thriving economy.
For the last thirty one years, Japan has exported more than it has imported. That changed this year, due to the recent natural disasters. Japan is in need of more imports to help rebuild and value of yen is rising. Japan’s working population dropped by three million people between 1990 and 2007.
Japan is working to revive the strength of their economy and repair the damage caused by the earthquake and the tsunami.
According to aneki.com Japan is currently the third richest country.
http://globalpublicsquare.blogs.cnn.com/2012/01/29/zakaria-the-end-of-an-era-in-japan/

1 comment:

  1. I'm surprised their workforce has decreased so much, as the population seems to be going up everywhere in the world..

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