Japan's rate of economic growth has been slightly over 10% per annum from 1955 to 1968, as against less than 5% in Western Europe and the United States. Why such a difference? Why such a high rate of growth in Japan? Many answers have been given, which I think can be classified roughly into three schools.HisaoTheKanamoriT...
The termInterest Ratemay refer to the annual cost of credit or the annual percentage growth of a savings account. It may also be the rates a central bank sets. Specifically, rates against which other banks in the country can lend to each other. When you borrow money from a bank, you wi...
Exchange rate pass-through (ERPT) refers to the transmission of exchange rate changes into import (export) prices of specific goods in the destination market currency price of goods. ERPT is said to be partial or incomplete if the import price rises by less than 1 percent, as the exporters...
Economic growth is simply an increase in the output or income of a nation. When a nation experiences a higher GNP or GDP for this period compared to the previous one, that is already considered economic growth. Note that this is strictly based on output and income. It does not measure ...
For many people in Japan parenthood isn't appealing, which is a major problem for the world's third-largest economy as it pursues radical economic reforms in a bid to drag itself out of deflation. Japan's fertility rate is among the world's lowest. With the government projecting the popula...
In June 2022, inflation in the United States jumped to 9.1 percent, reaching the highest level since February 1982. The inflation rate has since slowed in theUnited States, as well as inEurope,Japan, andthe United Kingdom, particularly in the final months of 2023. But even though global in...
The official currency in Japan is the Japanese Yen. Its currency symbol is {eq}\yen {/eq}. The Yen comes in ten different denominations of 1, 5, 10,...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer ...
The world of today—and tomorrow—runs on semiconductors. Trends such as remote working,artificial intelligence, and soaring demand forelectric vehicles(EVs) are reshaping the world we live in. Accordingly, the global semiconductor industry ispoised for a period of growth. McKinsey analysis suggests ...
Spread in forex is the difference between the Ask and the Bid prices. This price difference is where the banks, brokers and dealers make their profits, in addition to commissions charged, if any.Swap rate or rollover rate, is the interest added or deducted for keeping a currency position ope...
What is an ETF? An ETF is a tradeable fund, containing many investments, generally organized around a strategy, theme, or exposure. That approach could be tracking a sector of the stock market, like technology or energy; investing in a specific type of bond, like high-yield or municipal;...