https://padlet.com/ngrunxuan/jpxqvvea1vw8 Ng Run Xuan, Teng Elaine, Ong Sin Hoon, Ignatius Lek, Christine Prinya en-us 2018-05-07 03:23:02 UTC 2025-02-18 00:41:46 UTC hello@padlet.com ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/260388714 OECD is the Organisation for Economic Cooperation and Development.
Estimated 3.9% global growth for 2018 and 2019.
Japan's economy is estimated to grow 1.5% in 2018 and 1.1% in 2019.
Japan faces problems with slow growth wages which affects the policymakers' efforts to put in further momentum into the economy which is at its peak in the last 28 years.
Higher pay would support the Bank of Japan's goal of achieving 2% inflation target.
Financial market took a hit from the fear of a trade war after Donald Trump was elected the US President whom intended to tariff steel and aluminium imports
Eurozone economy will have an expected growth in GDP of 2.3% in 2018 and 2.1% in 2019.
All the estimated growth rates have factored in the tax cuts and spending in the US as well as the heavy exports to Asia and the supplementary budget for fiscal in 2017.]]> 2018-05-14 09:40:18 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/260388714 ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/260391725 Why Japan will never reach its inflation target.
The Bank of Japan (BOJ) governor, Haruhiko Kuroda, remains committed to reaching his inflation-rate target of 2 percent. Kuroda admitted in his recent testimony that wages would have to grow at 3 percent for inflation to hit his target — and he’s not close there, either. In January, workers’ total cash earnings, which include bonuses, inched up a mere 0.7 percent, while base wages rose a pathetic 0.2 percent, even though the unemployment rate is only 2.4 percent. There are 2 possibilities why Japan is not hitting its inflation target. One is that Japan’s economic woes have been widely misdiagnosed. Many economists have argued that Japan’s core problem is deflation, and that only by breaking deflationary expectations could the Bank of Japan convince companies and consumers to invest and spend. The other possibility is that Kuroda has already succeeded in promoting economic growth without hitting the 2 percent target.

Why is Japan's core problem deflation (Christine)
This is because the Japan population have been decreasing, due to strict limitations on immigration and declining birth rates. One major source for economic growth is growth in population. It is also due to the steady inflation of the Japan economy, which is necessary so that there is sufficient capital flow in the economy, which can prevent the economy from stalling. As there the supply for money is more than the demand for money, money loses its value and deflation occurs.

]]> 2018-05-14 09:53:28 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/260391725 nmk https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/261110128 (1) Your first and second news articles are appropriate. For your third article, find one on Unemployment instead of another article on Inflation again. (Please note maximum of 3 news articles)
(2) To enhance your Padlet wall for the final submission, incorporate a few relevant graphs, charts and pictures. Have a relevant backdrop too, instead of the current one.
(3) Your preliminary analysis is on the right track. However, you would need to do some additional research to add depth to your analysis so that you are not just giving a summary of the articles or just lifting sentences from the articles.
(4) Please list all group members' names in the header.]]> 2018-05-16 07:07:17 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/261110128 tengelaine2012 https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263240051 Japan has hit its lowest unemployment rate in January since 1993, dropping from 2.7% in December to 2.4% in January.
The jobs-to-applicants ratio was 1.59.
Jobless rate is likely to stabilize below 2.5%.
Japan's economy expanded at an annualized 0.5% in October-December, which is the longest continuous expansion since the 1980s.
Why Japan's unemployment rate at its lowest in 25 years.
Japan's labor market conditions remain tight as the economy continues its second-longest expansion cycle in postwar Japan, with companies facing severe labor shortages.
The government's structural reforms have successfully attracted many additional new workers into the work force by encouraging women and elderly citizens to return to the work force, leading to the steady climb of number of people entering the work force.]]> 2018-05-24 06:03:55 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263240051 tengelaine2012 https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263241663 2018-05-24 06:17:01 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263241663 ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263247335 https://www.japanmacroadvisors.com/page/category/economic-indicators/gdp-and-business-activity/nominal-gdp/]]> 2018-05-24 06:46:23 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263247335 ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263248210 2018-05-24 06:50:02 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263248210 ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263249464 2018-05-24 06:55:37 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263249464 ngrunxuan https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263250004 2018-05-24 06:58:51 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/263250004 ignatius_lek https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/264697432 https://tradingeconomics.com/japan/inflation-cpi

]]> 2018-05-31 05:49:26 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/264697432 sinhoon1995 https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/264697707 2018-05-31 05:52:06 UTC https://padlet.com/ngrunxuan/jpxqvvea1vw8/wish/264697707