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Even though the country has just recovered from a big recession, GDP figures show some promising numbers in 1st half of 2004, 2nd half of 2005. Still, being under the effect of the recent economy downfall, Japan economy is struggling to hold on to the slim GDP growth figures. "The Bank of Japan's quarterly Tankan business survey next week will probably show a drop in confidence of large manufacturers for the first time this year, economists said...
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"The Bank of Japan's quarterly Tankan business survey next week will probably show a drop in confidence of large manufacturers for the first time this year, economists said. The central bank will hold off raising its key interest rate from 0.5 percent until at least the second quarter of 2008, according to 21 of 30 economists surveyed by a government think tank" ( http://www...
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the reasons why Japan embarked on an aggressive, militaristic foreign policy and assess the extent to which this was successful in the first half of the 20th century.
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