Japan GDP contracted 7.1%

[Chronos]

Absolutely and you're 100% correct, @Ravi Nair . I think with the recent orienting towards South Asia, South East Asia , Latin America, Central Asia and Africa -- is an example of this policy shift. Japan needs to, and it must, diversify its portfolio, in an economic sense, rather than placing importance on the North American market. These said markets are mostly saturated. Whereas South Asia, Central Asia, Africa, Latin America are relatively untapped.

Yes, I think the rule of diminishing returns

For countries like India, the infrastructure needs to be built from the ground up. That itself requires a lot of expertise that India may not have, but the Japanese do

 

[Aepsilons]

Yes, I think the rule of diminishing returns

For countries like India, the infrastructure needs to be built from the ground up. That itself requires a lot of expertise that India may not have, but the Japanese do

Abe is wise to realize that India is relatively an untapped HUGE market. The current bilateral trade between Japan and India is only at a meager $18 billion. But this is because there has been limited emphasis on India in past administrations, and marketing schemes have failed to realize India's consumption market. I mean, a nation of over 1.25 Billion , this is potential consumption market. The same can be said of Pakistan, Bangladesh, Sri Lanka, Nepal. I hope we can realize this seed bearing fruit.

 

[Neptune]

That is right, when we look at the health of a nation, we have to look at the economic capability of the nation's citizens to burden the taxation regimen and the cost of living standards. If we look at Turkey's Gdp per capita and (real) gdp per capita, it shows that it is at $19000. And comparing this to its neighbors indicates overall strength. Despite the humanitarian burden Turkey has taken in the form of refugees from neighbouring Syria, Iraq -- growth remains stable.

Thus said, its impressive to see the Turkish economy's ability to handle said burdens and saturation. Turkey's resiliency should be applauded.

Excatly. But those refugees are a pain in the a.ss. There are 1,500,000 refugees from Syrian Civil War and Iraq. We have 1,300,000 Turkish-Circassians. They even surpassed them. At this crisis I believe what kept the Turkish economy stable is the boomed defence exports (expected to be $1,5 billion at the end of the year) and the significant rise at exports to Russia.

 

[Chronos]

Abe is wise to realize that India is relatively an untapped HUGE market. The current bilateral trade between Japan and India is only at a meager $18 billion. But this is because ther ehas been limited emphasis on India in past administrations, and marketing schemes have failed to realize India's consumption market. I mean, a nation of over 1.25 Billion , this is potential consumption market. The same can be said of Pakistan, Bangladesh, Sri Lanka, Nepal. I hope we can realize this seed bearing fruit.

There was a rift, when India tested it's Nuclear bombs during Vajpayee's time. The Japanese were taken aback by a non-NPT country acquie=ring Nuclear warheads, given Japan's tragic association with the technology. This is understandable.

Hopefully Japan engages not only with India, but other South Asian nations too

 

[Aepsilons]

Excatly. But those refugees are a pain in the a.ss. There are 1,500,000 refugees from Syrian Civil War and Iraq. We have 1,300,000 Turkish-Circassians. They even surpassed them. At this crisis I believe what kept the Turkish economy stable is the boomed defence exports (expected to be $1,5 billion at the end of the year) and the significant rise at exports to Russia.

It is impressive that Turkey is able to handle the humanitarian demands of these refugees whose number are swelling in the country. I doubt many countries in the Eurozone could have accommodated the some 3 million refugees that are in Turkey.

So we all have to be objective and comprehensive in our judgments / analysis of Turkey.

 

[Chronos]

Excatly. But those refugees are a pain in the a.ss. There are 1,500,000 refugees from Syrian Civil War and Iraq. We have 1,300,000 Turkish-Circassians. They even surpassed them. At this crisis I believe what kept the Turkish economy stable is the boomed defence exports (expected to be $1,5 billion at the end of the year) and the significant rise at exports to Russia.

which will grow again due to increasing sanctions of EU. Is that right?

 

[LeveragedBuyout]

No doubt, Japan faces some intimidating structural issues in trying to turn its economy around. The first two "arrows" of Abenomics were the low-hanging fruit, and have been tried multiple times before. The real issues are those which can only be addressed through serious economic reform, which only Hashimoto and Koizumi tried to address, but neither of them were able to go far enough to turn the tide. Let's explore the structural issues causing Japan's economic problems, Buzzfeed-style.

The demographic trend has been terrible:

Even those available to work have been gradually dropping out of the workforce:

Productivity, the life-blood of economic growth, has been falling:

Banks are hobbled by a declining net interest margin...

...leading to low return on assets...

...which means that banks are unable to extend credit either for the purposes of consumption, or for starting new businesses that might revitalize the economy:

We can explore possible solutions for Japan if anyone is interested, in which case, perhaps @Nihonjin1051 would be kind enough to start a thread for it.

 

[Neptune]

which will grow again due to increasing sanctions of EU. Is that right?

Excatly. . .

"It's not personal, it's only business."

 

[Chronos]

No doubt, Japan faces some intimidating structural issues in trying to turn its economy around. The first two "arrows" of Abenomics were the low-hanging fruit, and have been tried multiple times before. The real issues are those which can only be addressed through serious economic reform, which only Hashimoto and Koizumi tried to address, but neither of them were able to go far enough to turn the tide. Let's explore the structural issues causing Japan's economic problems, Buzzfeed-style.

The demographic trend has been terrible:

Even those available to work have been gradually dropping out of the workforce:

Productivity, the life-blood of economic growth, has been falling:

Banks are hobbled by a declining net interest margin...

...leading to low return on assets...

...which means that banks are unable to extend credit either for the purposes of consumption, or for starting new businesses that might revitalize the economy:

We can explore possible solutions for Japan if anyone is interested, in which case, perhaps @Nihonjin1051 would be kind enough to start a thread for it.

if you ever get time, I would like to cordially invite you to the Indian economy thread. Would love to have your input

 

[Aepsilons]

if you ever get time, I would like to cordially invite you to the Indian economy thread. Would love to have your input

I'm going to PM you my personal email. Let's keep in touch from now on.

And I would love to read more into the Indian economy thread(s).

 

[LeveragedBuyout]

if you ever get time, I would like to cordially invite you to the Indian economy thread. Would love to have your input

Sure, I have been intending to study the challenges confronting India, given its importance to the world and the lessons that can be learned by other countries in the process. I need to do some research first, in order to get up to speed, but I'll be sure to drop by. Thanks for the invitation.

 

[Aepsilons]

Sure, I have been intending to study the challenges confronting India, given its importance to the world and the lessons that can be learned by other countries in the process. I need to do some research first, in order to get up to speed, but I'll be sure to drop by. Thanks for the invitation.

Sir @LeveragedBuyout ,

Let's start an emerging markets thread , and let's keep this updated. I'd love to read more into this as well as invite others to contribute. But considering your expertise in this specialty, i humbly ask you to start this.

Best,

 

[LeveragedBuyout]

Sir @LeveragedBuyout ,

Let's start an emerging markets thread , and let's keep this updated. I'd love to read more into this as well as invite others to contribute. But considering your expertise in this specialty, i humbly ask you to start this.

Best,

Challenge accepted, but can you please provide some more guidance: is the focus to be economics, geopolitics, or both?

 

[Aepsilons]

Challenge accepted, but can you please provide some more guidance: is the focus to be economics, geopolitics, or both?

May I request both, Sir?

 

[tonyget]

Excatly. But those refugees are a pain in the a.ss. There are 1,500,000 refugees from Syrian Civil War and Iraq. We have 1,300,000 Turkish-Circassians. They even surpassed them. At this crisis I believe what kept the Turkish economy stable is the boomed defence exports (expected to be $1,5 billion at the end of the year) and the significant rise at exports to Russia.

Turkey doesn't provide enough food for refugee ?


A Syrian refugee child eats food which her mother collects from... News Photo 453776648 | Getty Images


A Syrian refugee child eats food which her mother (L) collects from rubbish on August 18, 2014, at Eminonu in Istanbul.