Australia and Japan Economic growth Australia is a small open economy with a population of over 21 million. It is characterized as an advanced economy by the World Bank with a gross domestic product of US$766.8 billion; whereas Japan has the third largest economy in the world and is the second most technologically powered economy after the US. It has a population of over 127.4 million and has a GDP of US$4.346 trillion. However in 2007 Australia had a slightly higher GDP per capita than Japan with
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Trade Japan is the fifth largest importer and exporter in the world. Like many other Asian countries that have experienced rapid economic growth in the past few decades‚ exports have had a historical significance to the Japanese economy. The belief in the need to promote exports is part of Japan’s self-image as a "processing nation". Japan imports raw materials and pays for them by processing the raw materials‚ thus adding value to them before exporting the output. In recent years‚ Japan has been
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Firstly‚ I would like to explain the Porter’s Diamond model. Porter’s Diamond model is to explain why a nation achieves international success in a particular industry. Porter theorizes indentified four broad attributes as constituting the diamond which are Factor endowments‚ Demand conditions‚ Relating and supporting industries‚ Firm strategy‚ Structure‚ and rivalry. These attributes can promote or impede the creation of competitive advantage. Hill‚ Charles W.L.(2011) ; Porter M.E. (1990) Factor
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aggragate demand and aggregate supply. This story is about Japans changes in economy. At the beginning of this story‚ Japan was really good place for living. Even small-business owners were able to live luxuriously. They could afford themselves good cars‚ expensive homes abroad‚ vacations all over the world‚ rich weddings and good night-life. But at all of a sudden‚ everything changed. All of these things vanished. It was unexpected because Japan was the first Asian country which was competition to the
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Feudal Japan was not a very successful civilization due to the choice of feudalism. Feudal Japan has succeeded‚ failed‚ and had a rather small evolution period. Japan had succeeded in ways of battle‚ environmental adaptations‚ literature‚ and other influences. Japan also failed greatly in governing. Japan had made good changes during and after the feudalist period especially the governmental changes. This feudalist period of Japan started in about 1185 starting with many changes and successes. The
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satisfied when travel in Japan. Ten socio-psychological motivations will be explained with an example of how tourists can satisfied their motivation with purchase the tourism product. Japan is an island nation which located in East Asia with a total area of 377‚915 square kilometres. It is an archipelago of 6‚852 islands and it covers by four major islands which are Kyushu‚ Honshu‚ Hokkaido and Shikoku. The meaning of the country name is ‘sun-origin’ and it makes Japan always referred to as the
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MY TRIP TO JAPAN I started our trip to Japan along with two of my CEG friends Srinivasan‚ Durga on 14th June morning. First we went to Chennai airport to go to Delhi. The flight time was 7:30 am. We reached there an hour earlier. After all the procedures‚ we boarded the flight‚ SPICEJET. That was my first travel by flight. I was waiting to fly. Really I was stunned while flying. After reaching Delhi airport‚ we started to move from there to Hotel Ashok by prepaid taxi. In the hotel we had a
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person. Regents Prep: Global History: Golden Ages: Introduction Throughout history‚ different civilizations have contributed to the cultural and intellectual life of humanity. These periods are often called Golden Ages‚ as society enjoys not only cultural and intellectual achievements‚ but also stable government and a strong economy. In Asia‚ China experienced several periods of achievement‚ with the Han Period qualifying as a true Golden Age. Japan also achieved greatness in these areas
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communication in Japan Facts and statistics of the ‘Land of the rising sun’. Location: Eastern Asia‚ island chain between the North Pacific Ocean and the Sea of Japan/East Sea‚ east of the Korean Peninsula. Capital: Tokyo Population: 12‚57‚30‚287 (Aug 2013) Ethnic Make-up: Japanese 99%‚ others 1% (Korean 511‚262‚ Chinese 244‚241‚ Brazilian 182‚232‚ Filipino 89‚851‚ other 237‚914) Religions: observe both Shinto and Buddhist 84%‚ other 16% (including Christian 0.7%) How are Japanese as people? Japan is a
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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 to the East China Sea and Taiwan in the south. Wikipedia Capital: Tokyo Dialing code: 81 Area: 377‚944 km² Population: 127.6 million (2012) World Bank Prime minister: Shinzō Abe Government: Unitary state‚ Constitutional monarchy‚ Parliamentary systemJapan is an island nation in East Asia. Located
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