Agnese and Sala (2009) mentioned the puzzling performance of Japan in the past two decades is the object of growing attention in the literature. In this paper‚ we are discussing about one salient feature of this performance – the long term unemployment in Japan. According to Bloomberg‚ AFP on Business Times dated on 30 November 2011‚ it was mentioned the country faced a high unemployment rate at 4.5% in October 2011 which is higher than the 29 economists’ prediction. Our aim is to exam the causes
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Sankarapally Road‚ Hyderabad 501 504‚ Andhra Pradesh‚ India or email: info@icmrindia.org www.icmrindia.org BSTR/363 Carrefour’s Misadventure in Russia “In the space of just four months‚ Russia has gone from a “strategic priority” to an afterthought at Carrefour‚ the giant French retailer.”1 - New York Times‚ in October 2009. “Carrefour’s pending exit underlines the fact that Russia remains a highly challenging market despite its fundamental draw. Although MGR (Mass Grocery Retail) sales are forecast to
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Classification of Japan Ryosuke Sato ENG101 Classification of Japan Nowadays‚ in Japan‚ the number of traveler from abroad is increasing‚ although there was a big earthquake in Fukushima in Japan. When you come to Japan‚ there are three places you have to visit then: Tokyo‚ Kyoto‚ and Hiroshima. If you visit these places‚ you would see Japanese culture‚ food‚ and historical building. First of all‚ I think most traveler is coming to Tokyo at first. Tokyo is one of the biggest cities if
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highlighting crimes committed by foreign nationals in Japan appears to have further contributed to the negative stereotyping of certain nationalities living here. The magazine’s openly offensive and racist articles (including whether Korean virgins’ genitals smell of kimchi; using the word ‘nigger’ next to a photo of a black man cuddling a Japanese woman) are used to highlight that a record 48‚000 crimes were committed by foreign nationals in Japan in 2005. This is complemented by a ‘danger rating’
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Religion in Japan In Japan today‚ religion is freely practiced and‚ at least in small numbers‚ a multitude of religions are present. The religious beliefs of Japan’s populace breakdown to 91% Shinto‚ 72% Buddhist‚ and 13% other (less than 1% is Christian). Although in the West religious faiths are viewed as mutually exclusive‚ in Japan it is common for a person to adopt beliefs from more than one theology. The majority of the population therefore is both Buddhist and Shinto. Both of these faiths
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Amway Japan Limited Executive Summary In 1996 Amway Japan Limited (AJL) was the leader in direct selling market‚ and the most successful company within the entire Amway group. In the first half of 1997‚ AJL experienced a net sales decline of 11.6% and net income to 27.6% from the first half of the previous year. The Japanese economy and declining value of the Yen relative to the U.S. Dollar has decreased AJL’s sales volume and profit margin. The Japanese government
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16 Signs That Japan Loves Small StuffThe Japanese tend to value small things over big. This way of thinking evolved over thousands of years. It has both practical and religious roots. From a practical perspective‚ Japan is an island nation with limited resources and a high population — big is often unworkable. Japan is also a Buddhist country that has been influenced by Buddhist minimalism. Japan’s preference for all things small shows up in dozens of ways. 1. Electronics Japanese electronics
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BANK OF JAPAN’S MEETING IN MARCH 2006: AN END TO THE QUANTITATIVE EASING POLICY? Japan underwent a decade-long odyssey with deflation and the zero-bound problem. Economic activity in Japan slowed precipitously following the collapse of the socalled bubble economy in December 1989‚ and Japan began to experience deflation by early 1995. During this initial period‚ while the economy was slowing‚ forecasters and policymakers consistently underestimated the extent of Japan’s economic malaise. Consequently
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Because no nation has come half so far so fast‚ Japan is envied by capitalists elsewhere and looked upon as an example to emulate. Thirty years ago‚ its war-shattered economy was little more than one-third the size of Britain’s. Today the Japanese G.N.P. exceeds the combined total of Britain and France‚ and the gap is certain to widen in the years ahead. The Japanese variant of capitalism cannot be readily or precisely copied‚ except perhaps by a few Asian countries‚ because it is rooted in a homogeneous
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married. This is because certain days are considered to be the most auspicious in their almanac. In a Japanese shrine they may be up to forty couples at the Shinto shrine. A Shinto wedding ceremony is always performed before a Shinto sanctuary. In Japan many hotels and restaurants are equipped with rooms to perform wedding ceremonies. Of course members of both families‚ their close relatives‚ and the in betweens attend a wedding. The ceremony "San-san-kuto" which is a ceremony of three-times-three
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