Shweta Suri

Japanese economy is tagged as one of the leading economies of the world that stands second in the list. Its high-tech expertise and high quality products are famous worldwide that make this economy a major center of attraction for many other economies to invest and grab money out of it. The Japanese high economic growth is influenced by the major portion of exports and imports it records every year. Ranging from exporting most updated and advanced products, it has been crowned of being one among the richest economies of the world.

Since last year, its economic growth has suffered a lot due to the unavoidable depressing situation prevailing in the international market. At present, its economic situation and the continuous downfall in its exports have made its economic growth face a standstill.
In this recession period when economic growth of all the other linked economies is facing a slump, the Japanese economic growth was bound to suffer being a major participant in the international business and trade. Though it managed to get a firm hold in this tough situation but recently it was also entrapped by the worsening situation.

Japanese economy has freshly entered the list of the economies facing a still or negative economic growth in evidence. The Japanese economic growth faced a steep decline in the month of November which was due to the reduction in the world wide demand for electronic gadgets and cars.
The exports showed a breakdown of 26.7 percent that shake the basic foundation of Japanese economic growth. This fall was analyzed as the biggest fall since the great depressions in 1980’s. Now like all other economies this ‘king economy’ has turned itself in the tunnel of depression and slaughters. It’s a tough time and has to be dealt with patience and business skills that are mastered by the Japanese economy.