Essays on Bank Of Japan

Japanese Economy in the Recent Years

Introduction During the advent of economic downturns particularly in terms of financial crises or bubbles, the usual resort of the government is to rely primarily on its monetary tools alongside expansionary fiscal policies to stimulate the economy. Monetary policies are tools used to deal with inflation, budget deficits, unemployment, incomes, international economic relationships among others. Monetary policies have profound effects on our jobs, incomes, livelihood, and career choices. One of the considerations and is always on the watch in an economy is the behavior of prices of the goods and services. As the law of demand states that with ...

1. The Financial Crisis: Avoidable but Inevitable Theoretically, the financial crisis could have been avoided as investigation findings revealed . Under the circumstances however, the crisis was an inevitable consequence of everything that was going. The Federal inquiry concluded that the 2008 financial crisis could have been avoided. The crisis was the result of “widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street”. It was the result of “greed, ineptitude or both” on the part of government and the private sector. Among the persons found responsible for the crisis included Federal Reserve Chairman Alan Greenspan and, ...

The end of the Second World War ushered Japan into a completely different era. A new constitution was instituted that made Japan a parliamentary democracy. The constitution recognizes the emperor as a ceremonial leader. Actual activities of the legislative and executive arm of government is to be split between a bicameral parliamentary system (the National Diet) and the Prime Minister who heads a cabinet elected by the National Diet and approved by the Emperor. The Liberal Democratic Party (LDP) led Japan for many decades before they were defeated by a landslide victory by the Democratic Party of Japan (DPJ) ...

Japanese and American Commercials

For reaching out to the target consumers to purchase a particular product or to take an action regarding the product or service, many companies use television commercials both on television and on the radio in order to communicate to the target audience. The primary use of commercials is to introduce a product or service to potential consumers and persuade them to be part and parcel in consuming the product or service. Japan and the USA have different ways of relating information to potential consumers. These differences are caused by the following factors; First in America, the product is the ...