Search results
Results From The WOW.Com Content Network
The period of rapid economic growth between 1955 and 1961 paved the way for the Golden Sixties, the second decade that is generally associated with the Japanese economic miracle. In 1965, Japan's nominal GDP was estimated at just over $91 billion. Fifteen years later, in 1980, the nominal GDP had soared to a record $1.065 trillion. [citation ...
The global economic recession of the late 2000s significantly harmed the economy of Japan. The nation suffered a 0.7% loss in real GDP in 2008 followed by a severe 5.2% loss in 2009. In contrast, the data for world real GDP growth was a 3.1% hike in 2008 followed by a 0.7% loss in 2009. [130]
Japan's defeat in World War II (in 1945), after which the island nation rose to become the world's second-largest economy. The Lost Decades (the 1990s, 2000s and arguably 2010s), during which the country struggled to get out of deflation and extremely low or negative growth.
Saburō Ōkita (1914–93), an economist, realized by 1942 that the war was lost; economic recovery that was published in 1945 as "The Fundamental Directions for the Reconstruction of the Japanese Economy". He became foreign minister in 1979 and endeavored to integrate Japan economically and politically with the world economy.
First-quarter gross domestic product (GDP) rose 3.5%, a number that was not matched in the same period by. Japanese Miracle Resurrected The Japanese economic miracle, which died more than two ...
The Japanese economic miracle, which died more than two decades ago, may be in the early stages of resurrection. First-quarter gross domestic product (GDP) rose 3.5%, a number that was not matched ...
After its defeat and economic collapse after the war, Japan's economy recovered in the 1950s with the post-war economic miracle in which ushered in three decades of unprecedented growth and propelled the country into the world's second-largest economy by the 1980s only to experience an economic slowdown during the 1990s, but Japan nonetheless ...
Japan’s economy grew much faster than expected in the April to June months, as brisk auto exports and tourist arrivals helped offset the drag from a slowing post-Covid consumer recovery ...