Engr. Abdulzeez Shu'aibu’s Post

#Japan's economy has fallen faster than expected in Q1 2024, highlighted by recent news headlines 📉 Our latest economic outlook also suggests Japan will experience a marked slowdown in 2024 as its economy continues to be adversely affected by high public #debt levels and long-term structural issues 👇 https://hubs.la/Q02xKQ2b0

In 2023, Germany surpassed Japan in terms of nominal GDP. So, let's look at figures of ASEAN. Its GDP size is more than that of 90% of Japan. Taiwan GDP is larger than Kansai (greater Osaka) region. Both Singapore and Hong Kong are larger than Osaka prefecture (data unshown). This may come from FOREX magic but slow start up growth, decades long consensus oriented corporate culture prevent Japan from growth and changes. So, do whatever we can do.

Japan, always known for its knack for reinvention, has gracefully stepped down from the podium of the world's third-largest economy. Like a seasoned performer in the global economic theater, Japan takes a bow, leaving the audience intrigued by what fascinating chapters of growth and transformation lie ahead in its economic story. Japan’s economy unexpectedly contracted for a second quarter at the end of 2023, slipping in to recession and clouding the Bank of Japan’s path toward ending the negative rate policy. Gross domestic product shrank at an annualised pace of 0.4 percent in the final three months of last year, following a revised 3.3 per cent contraction in the previous quarter. Economists had expected the economy to expand by 1.1 per cent. The data also confirmed that Japan’s economy slipped to fourth-largest in the world in dollar terms last year. Germany is now the world’s third-largest economy. #japan

Japan has dropped to the fourth-largest economy globally, falling behind Germany's economy in 2023, according to government data released on Thursday. This shift underscores the gradual decline in Japan's competitiveness and productivity, attributed to factors such as an aging population and declining birth rates, analysts note. Japan had previously held the position as the world's second-largest economy, trailing only the United States, until 2010 when China's economy began to surge. The International Monetary Fund had predicted Japan's descent to the fourth position. #IMF #japan #EconomyNews #news #germany #LatestNews

Japan economic outlook, April 2024 Japan's economy is expected to grow in the second half of 2024, driven by wage growth, consumer spending, and a weak yen. https://lnkd.in/exbCNq4G

Exploring Japan's Economic Landscape: Challenges, Opportunities, and Pathways Forward 🌏 Japan, the world’s fourth-largest economy with a nominal GDP of $4.2 trillion in 2024, navigates through a myriad of economic complexities. Despite its highly developed industrial base and a tradition of innovation, Japan grapples with challenges ranging from economic recession to high inflation and sluggish wage growth. With a shrinking economy and a GDP growth rate plummeting to -0.4% in 2023, Japan faces the imperative of reigniting growth amidst global uncertainties. High inflation, soaring to 3.3% in October 2023, poses a significant hurdle, dampening consumer confidence and purchasing power. Meanwhile, export growth, a cornerstone of Japan's economy, has been hampered by weakening global demand and trade, exacerbated by crises ranging from the war in Ukraine to energy shortages. Yet, amid these challenges, Japan harbors immense potential for economic rejuvenation. Through strategies such as increasing foreign direct investment (FDI) and outward investment, Japan can harness new technologies, skills, and markets to bolster competitiveness and innovation. Moreover, diversification and innovation across sectors like advanced manufacturing, digital technology, and healthcare present avenues for growth and resilience. The road to economic recovery for Japan also entails stimulating domestic demand and moderating inflation. Furthermore, monetary policy adjustments by the Bank of Japan signal a proactive stance towards containing inflation and supporting economic stability. Read the full article here: https://lnkd.in/eH__mQvm Article written by Stephen Gee and Felicia Phun #Japan #economy #investment #opportunities #2024 📈 #innovation

Did you know that Japan, the third largest economy in the world was sent into a period known as "lost decades" due to various factors? But, to it's good news, it is seen to be recovering! Through this post, I have highlighted the factors responsible for the dark economic era for Japan, how it is seen to be recovering and the factors shaping its recovery along with insights into the future of Japan's economy.

🔍 Japan's Economic Setback: Lessons for Global Markets The recent downturn in Japan’s market has raised alarms worldwide. Key factors contributing to this decline include: 1. Aging Population and Shrinking Workforce: Japan’s population is both aging and declining, which reduces domestic demand and hampers economic growth. The shrinking workforce limits capital investment, creating a vicious cycle of economic stagnation. 2. Weak Domestic Demand: Persistently weak domestic consumption has been a significant factor in Japan's economic struggles. This lack of consumer confidence has exacerbated the downturn, pushing the economy closer to recession. 3. Historical Baggage from the 1980s: Japan's economy has never fully recovered from the bursting of the asset bubble in the 1980s. Excessive government intervention and a preference for central planning over free-market solutions have hindered innovation and economic dynamism. These factors serve as a warning to other economies, emphasizing the importance of balancing population dynamics, fostering domestic demand, and maintaining a flexible economic approach. The global market should take note of these challenges to avoid similar pitfalls. #Economy #JapanMarketCrash #GlobalEconomy #EconomicDownturn

This will take your mind off the woes of German’s economy, which has now pipped Japan in terms of size, as the Japanese economy went into recession. Weak domestic consumption was at the heart of the Japanese contraction. As reported by CNN: “Japan imports 94% of its base energy requirements and 63% of its food, so the weak yen significantly contributes to a higher cost of living, Neil Newman, a Tokyo-based strategist at Japanmacro, told CNN.” https://lnkd.in/gcgcwdgA Put another way, a high dollar - driven by high interest rates in the U.S. - has had a crippling effect on Japanese buying power … time to trade in national currencies, perhaps? #japan #recession