3 ms·
I 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
by cdavid 16y ago
I 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).