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Japan is reverting to a state of being as technologically and economically irrelevant as Western European countries. The most common thing I see on the news an
by fiblye 9y ago
Japan is reverting to a state of being as technologically and economically irrelevant as Western European countries.
The most common thing I see on the news and hear people worry about is the violence going on in America and in the increasingly common European terror attacks. The attitude to immigration is only being solidified here, and none of the "but what about your GDP???" stuff matters to anyone but degree mill economists. The country is safe and stable, and population is coming down to a number that's more sustainable for a small, mountainous, mostly non-arable country. That's all that people really care about.
- matt4077 9y agoHere are a few things correlated with GDP. Note that we don't know the direction of causation, so either Japan's GDP is going sideways because corruption is on the rise–or they can expect corruption to rise because the economy is stagnating. low levels of GDP and high levels of corruptions are correlated poverty reduction and per capita income growth performances are correlated economic freedom is correlated with income Rule of law is correlated to GDP per person There is only a partial correlation between democracy and economic growth but stronger correlation between democracy and level of GDP As per capita income increases to around US$5,000 per annum, environmental quality falls, but then from around $8,000 per capita onwards, the environmental quality rises again GDP and happiness is correlated GDP per capita is correlated to percentage of population who donate to charity GDP is correlated to individualism in a country Wealthier countries tend to have less income inequality