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Germany had no collapse in the nineties (although it had to deal with the reunification), still the same number for Germany is 29%, still very far from the US.
by DrJokepu 16y ago
Germany had no collapse in the nineties (although it had to deal with the reunification), still the same number for Germany is 29%, still very far from the US.
The same numbers for the 1984-2009 period are: Japan 61.7%, Germany 59.7%, United States 108.8%. A very large difference.
- Retric 16y agoWe are not looking at the same numbers (Not inflation adjusted but relative growth should work out). http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mktp_cd&idim=country:USA&dl=en&hl=en&q=gdp+usa#met=ny_gdp_mktp_cd&idim=country:USA:JPN http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mk... JP 1.347T (1985) > 4.991T (2008) = 3.7x USA 4.188T (1985) > 14.591T (2008) = 3.48x
- cdavid 16y agoI think you could prove almost anything depending on the time period you take. Basically, since 1995, Japanese gdp has been very slow growing. In 2009, the GDP has decreased of 5 %, which is far worse than any other rich country of a significant size AFAIK in the last few years. http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mktp_kd_zg&idim=country:JPN&dl=en&hl=en&q=japanese+gdp+growth#met=ny_gdp_mktp_kd_zg&idim=country:JPN:FRA:USA:DEU http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mk... (beware that 2009 is missing, I guess the definite numbers may not be there yet). I think it is fair to say that Japanese economy is in a really bad shape, although the explanation is not as simplistic as the one given by techrunch, obviously. Paul Krugman has a few papers on this which are well know, although maybe not up to date anymore (http://web.mit.edu/krugman/www/japtrap.html http://web.mit.edu/krugman/www/japtrap.html).
- DrJokepu 16y agoNot sure why the numbers are so different. I simply took the product of the yearly GDP growth rates, as reported by the World Bank. My sources: http://data.worldbank.org/sites/default/files/countries/en/germany_en.xls http://data.worldbank.org/sites/default/files/countries/en/g... http://data.worldbank.org/sites/default/files/countries/en/japan_en.xls http://data.worldbank.org/sites/default/files/countries/en/j... http://data.worldbank.org/sites/default/files/countries/en/united-states_en.xls http://data.worldbank.org/sites/default/files/countries/en/u...