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The Bubble Economy Of Japan
Part one of term paper
The Economy of Japan had experience a tremendous growth since the end of the
Korean war. The growth of GNP in 1967 and 1968 was above 10 % (double digit
growth period) which exceed countries such as Britain, France and Germany. The
economy experienced a boost is due to many reasons, such as: enlargement of
industrial facilities, massive adapt ...
Part two of term paper ... Although the government
had attempt to adjust the economic policy but the recovery was slow. As the
soaring of yen continues the demand for export has increase tremendously. With
the concern of the United State of this problem, president Reagan and the G5
have signed an agreement with Japan called "Plaza Agreement" , the agreement
stated that the exchange rate of Japan and Deutschmark can appreciate against
the U.S. . Since then the yen value began to appreciate, Japan was going
through a perio ...
Word count: 4675 | Approximate pages: 17
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