The paper includes around 12 graphs comparing Japanese and Australian performance in various macroeconomic measures. However the text body itself has a lot of good analysis. --------------------------------- Japanese economy got into a downwards trend with the stock market crash in 1989. Because of the decrease in aggregate demand, lack of private consumption and business investment due to deflation and over investment respectively, near future does not look very bright either. This report is divided into four parts. …
showed first 75 words of 2326 total

showed last 75 words of 2326 total
…causing sufferings in the economy in the following years (eg. 1995, Yen appreciation) According to April 2003 Hamburger Index , a light hearted but arguably the most accurate long term exchange rate forecaster since 1986, The Economist suggests that the Japanese Yen is still undervalued against the American dollar (19%) and Australian Dollar is the most undervalued "rich" country currency with 31% against the dollar. Article suggests that Australian dollar will observe the biggest gain among the developed country currencies in 2003.