Discuss about Japanese Bubble economic crisis during 1980 and 1990s.

Discuss about Japanese Bubble economic crisis during 1980 and 1990s.
Are there any remarkable market failures that could be hurting productivity growth
and development? These might include 1).
Lots of monopolies or oligopolies, etc
2). Big Externality problems
3). Labor and or capital markets
that are not allowed to adjust 4). Large
tariffs, quotas, inefficiently collected taxes
4). Regulations that do not seem
necessary 5). Lots of political corruption 6).
Others you might read about.

Basically,
think about the two core concepts of micro: Market Efficiency (the most important) and Productivity
Growth. (providing more goods and services
for less inputs).

Are
there noteworthy Market Inefficiencies in your chosen country? They could be caused by the government. They could be non-competitive market
structures. They could be public goods
not provided. They could be externalities
not internalized. They could be
something else as well.

On
the productivity front, is your chosen country a high, medium or low productivity
country generally? Are there sectors
more productive than others? What makes
your country productive or not productive?
Whether low or high in productivity,
does your country have any productivity growth?

c).
Basic measures of the country recently/GPD/Change in
GDP/population/pop growth rate/inflation/unemployment/type of economy (main
industries, main exports, etc)/trade balance/budget balance/any others you find
interesting or relevant.

d).
Short Run Macro Model
What
is the situation of the country, be sure to sketch a graph
Have
they tried monetary or fiscal policy recently? Did it seem effective?
Should
they or can they use these policy tools in the near future?

e).
Balance of Payments
Current
Account + Capital Account add to 0 in all countries/ Discuss these 2 for your country and what it
might mean?
*why might the balance be what it is
for your country?
*you will only find data on the current
account, but if current account is +$200B then capital account is -$200Billion,
etc.

f).
Long-Run Growth
How
has the growth been in recent years?
Why
Might it be fast or slow?
What
do you recommend for future growth
Make
sure to show graph

g).
Exchange Rates
Is
the exchange rate fixed or flexible? Is
the current situation a good idea?
How
has the exchange rate changed in recent years?
What may have caused these changes, graph please. Who
controls your countries money supply?

h).
National Income Accounting
Discuss
whether the country has more savings or more investment? Use equations to show. What might have led to
the situation in your country? Where
does and should the country get more investment money?

i).
Trade
What
goods do they trade in? How might they
benefit more from trade? Explain how trade helps your country? What costs are there to the country, if any,
from trade?

j).
Theories of Development
Does
your country have a strategy? What do you recommend for their future

k).
Equity in your country
*How is the gini coefficient in your
country? A measure of inequality with 1 = most inequality, 0 = least.
*How
is the Human Development Index and its
change across time. HDI = 1/3 GDP, 1/3 education, 1/3 health.

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