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Layout Macro 2nd Task
Layout Macro 2nd Task
2013 - In 2013, the Japanese economy continued to recover from the effects of the global financial crisis
and the 2011 earthquake and tsunami. The government's monetary and fiscal policies, known as
"Abenomics," aimed to stimulate the economy through monetary easing, government spending, and
structural reforms. As a result, the GDP growth rate for 2013 was reported at 2.01%, which was higher
than the previous year.
The growth was attributed to increased consumer spending, a rebound in exports, and a surge in
business investment. However, the country still faced challenges such as a declining population, rising
public debt, and persistent deflationary pressures. Despite the obstacles, Japan remained committed to
its goal of achieving sustainable growth and continued to invest in technological innovation and
infrastructure development.
2014 -