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This analysis is of a qualitative and descriptive nature, taking into account the facts and events

within a specific time frame and time frame, thus explaining the macroeconomic figures according

to the behavior of the country's economy. This analysis is based on the qualitative approach since

it uses the collection of data evidenced with solid arguments.

Insular sovereign country of East Asia. Located in the Pacific Ocean with an area of 377,960 km2.

Japan imports 99% of oil, 74% of gas, 98% of iron, 100% of oil and 75% of coal.

Imports: 84,593

Exports: 77,886

Current Account Deficit: 6,707

Primary income: 21,971

Secondary income: -2,001

Reserve Assets: -301

Financial Account: 6,486

MIC data, at 100 million yen.

According to the MIC data, the TRM is of 124.88 / US $ 1.00

Shinzo Abe Japanese Prime Minister, towards the end of 2012 created an economic recovery

program called Abenomics, which had:

- Contractive Fiscal Policy (-Gasto / + Taxes -IVA from 5% to 10%).

- Expansive Monetary Policy (Low rates / + Consumption).

- Exchange Policy: Based on the devaluation of the Yen against the US dollar to favor exporters.
The currency of Japan is the Japanese Yen. For this currency, the most popular exchange rate is

USD-JPY. Japan's economy is based on the production and export of automobiles, industrial and

transport equipment, electronics, chemicals, steel, machine tools, processed food products, non-

ferrous metals, cutting-edge technology, pharmaceutical industry, aeronautics. In the last years

since the crisis of 2012, Japan has implemented an expansive monetary policy with the aim of

boosting consumption and combating deflation. The intervention rate of the BOJ is between 0.0%

and 0.1%.

A significant fact is that Japan has returned to show a low unemployment rate around 4%,

motivated by economic growth; the increase of real investment of 1.4% with respect to year 20

and the future expectations of the population, generated by the current political stability.

In my opinion, Japan will not show economic growth values similar to those shown in the 80s, due

to:

- To the increase of the aged population. The retirement age has been increased to 65 years, but it

is not enough to cope with high social spending.

- The immigration barriers that are still in the country.

- The existing gender discrimination in the workplace. The laws against this discrimination have

been reinforced, but today there is still a macho attitude among the Japanese.

The increase of external dependence. That increased from 2011 because of the energy blackout. A

possible solution to reduce this energy dependence, which would reduce the imports carried out

by the country and produce an increase in GDP, would be to promote renewable energies, such as

wind, marine and solar energy.

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