Konichiwa! Japan Economy Post

Over the years, Japan has had a roller coaster economy, similar to the United States. After WWII, the island nation had no where to go but up. With an increase in real economic growth from the 1960's all the way up to the 1990's, but it slowed after that. The Japanese economy relies heavily on its food exports (rice and fish) as well food imports (60% of caloric intake is imported). The Japanese use a currency called the Yen.

Here, you can see that the strength of the Yen has increased in Europe, however it is not the case in the United States. The exchange rate with the USD is falling. However, the Japanese government is looking for ways to brace the Yen and make it stronger in the United States. They have recently been looking into trade agreements with the U.S. and other North American Countries. Hopefully, the exchange rate increases for both Yen to USD and vice versa.

If you would like to read more about Japan's economy, The Economist has great information relating to current events dealing with the Japanese Economy. You can find them here: http://www.economist.com/topics/japan