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A

COUNRTY
PROJECT REPORT
ON
JAPAN
IN DEPTH STUDY OF INDIAN
ECONOMIC

UNDER THE GUIDNCE OF


PROF.DHAVAL PATEL

SUBMITTED TO:
SUBMITTED BY:
GUJARAT TECHNOLOGICAL UNIVERSITY.
SHIKHA J. DHORIYANI
AHMEDABAD.
130390107006

CERTIFICATE

PREFACE
The main aim of this project is to tell about economy and history of Japan. In this
project general readers , students and any other can easily access to Japans
history and economy brifly . They can have over view of Japan economy and history.
The aim of this project is to draw attention of people in growth and industrialization
of Japan. By this project we can compare our economy and can do certain changes
in our economy.

ACKNOWLEDGEMENTS
I am grateful to all for their insightful comments and valuable suggestions about the
project. A number of classmates who advised on various points,and I am grateful to
them for their advice.
I am also grateful to the prof. Dhaval Patel for their guidance and support in this
project.

Japan

Japan is an island nation in east asia.located in the pacific ocean, it lies to the east
of the sea of japan, china, north korea, south korea, and Russia, stretching from the
sea of Okhotsk in the north. The characters that make up japans name mean sunorigin which is why japan is often referred to as the land of Rising Sun.

Japan is a stratovolcanic archipelago of 6,852 islands. The four largest islands


together comprise about 97% of japans land area. Due to its location japan is
substantially prone to earthquakes and tsunami, having the highest natural disaster
risk in the developed world. Japan has the 10 th largest population with 126 million
people.

Foreign relations and military

Japan is a member of the G8,APEC,and ASEAN Plus Three. Japan signed a security
pact with Australia in march 2007 and with india in october 2008. It is the world s
3rd largest donor of official development assistance, donating US$9.48 billion in
2009.

Japan has close economy and military relation with the united states .

Economic history

Some of the structural features for japans economic growth developed in the Edo
period, such as the network of transtort routes, by road and water and the futures
contracts , banking and insurance of the Osaka rice brokers. During period from
1868, japan expanded economically with the embrace of the market economy. Many
of todays enterprise were founded at tha time, and japan emerged as the most
developed nation in asia. The period of overall real economic growth from the 1960s
to the 1980s has been called the Japanese post-war economic miracle. It averaged
7.5% in the 1960s nad 1970s and 3.2% in the 1980s and early 1990s.

Growth slowed markedly in the 1990s during what the Japanese call the lost
decade, largely because of the after effects of the domestic policies intended to
wring speculative excesses from the stock and real estate market. Government
efforts to revive economic growth met with little succeses and were further
hampered by the global slowdown in 2000. The economy showed strong signs of
recovery after 2005, GDP growth for that year was 2.8%, surpassing the growth
rates of the US and European Union during same period.

As of 2012, japan is the 3rd largest national economy in the world, after the
United States and china, in terms of nominal GDP .
The fourth national economy in the world in terms of purchasing power parity.
As of December 2013 japans public debt was more than 200% of its annual
gross domestic product , the 2nd largest in the world.

Net capital value


Net capiatal account
Changes in net reservers
Current account balance
Net income
Adjusted net national income
GDP growth
Foreign direct investment
Export of goods and services
Import of goods and services
Adjusted net saving
Energy depletion
GNI per capita
Gross capital formation
Industry
Manufacturing
Services
Ppp conversion factor

Capital markets
Exchange rates & prices
Intrest rates
Monetary holding
Government finance

JAPAN Net capital account

The largest value for net capital account in Japan was $496,966,200. As of
2011.
Definition:
Net capital account acquisitions and disposals of nonproduced
nonfinancial assets , such as land sold to embassies and sales of leases and
licenses, as well as capital transfers, including government debt forgiveness.
Source:
International monetary fund, balance of payments statistics yearbook and
data files.

Net capital account


Net capital account records acquisitions and disposals of nonproduced
nonfinancial assets. Such as land sold to embassies and sales of leases and
licenses, as well as capital transfers, including govenmnet debt forgiveness.
The use of the term capital account in this context is designed to be
consistent with the system of national accounts.

JAPAN Change in net reserves


Reserves and related items

The latest vaue for reserves and related items in Japan was
$176,624,000,000. As of 2011.
Definition:
Reserves and related items is the net change in a countrys holding of
international reserves resulting from transactions on the current, capital, and
financial accounts.also included are net credit and loans from the IMF and
total exceptional financing.
Source:
International monetary fund, balance of paymants statistics yearbook and
data files.

JAPAN- Current account balance


Current account balance

The latest value for current account balance in Japan was $119,064,000,000
as of 2011.
Definition:
Current account balance is the sum of net exports of goods and services, net
primary income, and net secondary income.

Current account balance (% of GDP)


Current account balance in Japan was 2.03 as of 2011. Its highest value over
the past 6 year is 4.86 in 2007.
Definition:
Current account balance is the sum of net exports of goods and services, net
primary income and net secondary income.

JAPAN Net income


Net primary income
The latest value for net primary income in Japan was $175,794,000,000 as of
2011.
Definition:
Net primary income refers to receipts and payments of employee
compensation paid to nonresident workers and investment income.

JAPAN Adjusted net national income


The latest value for adjusted net national income in Japan was
5,214,900,000,000 in 2011.
Definition:

Adjusted net national income is GNI minus consumption of fixed capital and
natural resources deplation.

JAPAN GDP growth


The value for GDP in Japan was -0.70 as of 2011. Over last 50 years
maximum value of 12.88 in 1968 and minimum value of -5.53 in 2009.
Definition:
Annual percentage growth rate of GDP at market prices based on constant
local currency. GDP is the sum of gross value added by all resident producers
in the economy plus any product taxes and minus any subsidies not included
in the value of the products.

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