Any international business or economic smart guys want to help me with my mid-term?

[Mayor Qumiby]

Any help with this would be greatly appreciated..lots of pie and even beer (if I see you at a game) will be provided for your services.

[CardiacCats]

woah.... college is gonna suck.  good luck dude i'm still in high school :p

[Big A]

I would have to write your term paper to answer. Some basics are Japan has gone through two "lost Decades" after stagflation led to 20 years of a recession in Japan with inflation rising to the point that Japanese banks are investing their money in UK banks that are taking advantage of situation by charging negative interest rate, ie Japan has to pay them interest for holding their money, liquidity trap is basically the economic stimulus the US did where they gave all the money bailing out the banks so they wouldn't fail and Japan has a history of similiar actions. China is argued to also be currently in liquidity trap and possibly heading for stagflation which the continued growth of their GDP has helped avoid.

I would recommend taking 3 sheets, one per country, and write down a point by point what has happened in each economy. Japan has been dealing with 20 years of issues and refers to that a "lost decades" and have basically haven't found a long term solution and is like worst case scenerio of all 3. The US had a stagflation period in 70's and overcame them eventually, but then had housing bubble and recession of 2008 which led to liquidity trap and stimulus packages and is now in recovery but with slowing GDP is risking another stagflation even with unemployment still high. China is in a period of unprecedented growth, but also has many issues. There are a lot of differences with how they arrive at many of their economic stats and the true numbers could be hiding a economy on verge of recession. For instance, their unemployment rates are cited around 5%, but only account urban numbers that register for unemployment rates, so true rates are like 10% in cities and over 20% in rural areas. also their GDP is arrived to differently. for example their new construction is counted towards new growth regardless of the fact they are constructing ghost cities with 90%+ vacancy. There is a news show called VICE that did a news story on this, I'll see if I can find it.

Write a recent economic history of the 3 countries individually and the compare contrast they are asking for will be very obvious and much easier.

[Big A]

Here is a video on the GDP and the most famous saying recently regarding their formula, "treadmill to hell"

http://m.youtube.com/watch?v=XqGrI_gyG0U&feature=relmfu

[mav1234]

Krugman talks about a lot of those topics in his NYT Blog, http://krugman.blogs.nytimes.com/

[Carolina Husker]

Good Lord that first sentence is horribly written.

[Doyle]

If only I had had access to the internet when I was in school. 

[Ja Rhule]

I'm international business major and this is actually pretty easy essay but to answer the question I would have to write the whole thing for you...

[pstall]

looks like the Prof is trying to find a good international mutual fund to invest in. lol

[Happy Panther]

I would have to write your term paper to answer. Some basics are Japan has gone through two "lost Decades" after stagflation led to 20 years of a recession in Japan with inflation rising to the point that Japanese banks are investing their money in UK banks that are taking advantage of situation by charging negative interest rate, ie Japan has to pay them interest for holding their money, liquidity trap is basically the economic stimulus the US did where they gave all the money bailing out the banks so they wouldn't fail and Japan has a history of similiar actions. China is argued to also be currently in liquidity trap and possibly heading for stagflation which the continued growth of their GDP has helped avoid.

I would recommend taking 3 sheets, one per country, and write down a point by point what has happened in each economy. Japan has been dealing with 20 years of issues and refers to that a "lost decades" and have basically haven't found a long term solution and is like worst case scenerio of all 3. The US had a stagflation period in 70's and overcame them eventually, but then had housing bubble and recession of 2008 which led to liquidity trap and stimulus packages and is now in recovery but with slowing GDP is risking another stagflation even with unemployment still high. China is in a period of unprecedented growth, but also has many issues. There are a lot of differences with how they arrive at many of their economic stats and the true numbers could be hiding a economy on verge of recession. For instance, their unemployment rates are cited around 5%, but only account urban numbers that register for unemployment rates, so true rates are like 10% in cities and over 20% in rural areas. also their GDP is arrived to differently. for example their new construction is counted towards new growth regardless of the fact they are constructing ghost cities with 90%+ vacancy. There is a news show called VICE that did a news story on this, I'll see if I can find it.

Write a recent economic history of the 3 countries individually and the compare contrast they are asking for will be very obvious and much easier.

C-

[Happy Panther]

j/k

[Happy Panther]

I think that is a terrible question in all seriousness.

 

 

[Floppin]

I think that is a terrible question in all seriousness.

 

I'm with you. It's not a very specific topic question. It's kind of all over the place. Especially the research part, it seems like you could literally write about any investment and as long as you're thorough, you'd be ok. All of those countries invest all over the world in all sorts of different ways and for multiple different reasons. The only minimal effort involved would be researching current economic trends for each nation to answer the first part. Overall, it's a bad question.