Keyword: Japan
Global Labor Market (9/5/2005)
Labor is increasingly globally sourced due to aging populations and lagging labor productivity in developed countries.
Keywords: arbitrage, contract workers, Filipino, immigration, Japan, labor costs, labor market, maids, Mexican, Mexico, nannies, nurses, offshoring, outsourcing, Philippines, productivity, Scotland, wages
Is Japan Saving Too Much? (6/29/1999)
Japan's economy is stuck in a prolonged stagnation because consumers' disposable income is too low and business saving is too high.
Keywords: aggregate demand, bank loan, budget deficit, business saving, cartelization, cartels, disposable income, GDP, investment, Japan, liquidity trap, public debt, saving, Stagnation, trade surplus
Trade Surplus Trap (6/18/2010)
Countries heavily dependent on exporting manufactured goods must deny their own citizens higher standard of living to maintain their trade surplus in an era of global wage arbitrage.
Keywords: China, dollar, exchange rate, fiat money, Germany, Japan, outsourcing, part-time workers, sterilize, temporary workers, trade surplus, Wage arbitrage, wages, yuan
Why Are the Prices Different? (12/21/2001)
Japanese supermarkets charge higher prices for machine-vended items to customers who value their convenience.
Keywords: convenience, grocery shopping, Japan, price discrimination, supermarket, vending machines