The Japanese government has been accused of running slave labour working conditions after 27 foreign interns died in one year following months of working more than 16 hours a day.
The majority of the victims were in their 20s or 30s and were among an estimated 200,000 trainees from developing countries that are working here under the Japanese International Training Corporation Organisation.
Japan comes under the high-income OECD GROUP countries as to the classification made by the World Bank on the basis of income and region for the year 2006.
is one among the most developed and industrialized economy with a free market system over the world. Economic growth rate has become more impressive in the country recently. Both the services sector as well as industries largely contributes to the country’s economy.
Foreign direct investment in Japan displayed some interesting trends in the recent years. As far back as 2003 the Japanese government realized the importance of FDI in boosting the growth of the nation’s economy. Studies reflected the superior managerial efficiency and productivity of foreign business companies operating in Japan. This was considered to be a plus point of inward FDI into Japan.
Development of Japan economic stimulus
Authorities and officials in Japan are trying to finalize details of a Japan economic stimulus on an emergency basis. This economic stimulus Japan is being pledged for assisting people who are troubled by increasing prices of fuel and food items.
Effectiveness of Japanese economic stimulus
Japan has been registering positive economic growth despite global economic crisis pressures. But like any of other countries, Japan too has been significantly affected by current financial crisis. Growth predictions for Japan are on a lower side, considering its capabilities to ward off adverse effects of global economic crisis. Japan economic reviews presents a better picture of this nation’s economic condition.
Japan’s GDP growth review
Japan is one of Asia’s countries that has been able to maintain a positive economic growth rate in 2008. But like in any other country in world, Japan’s economy has also been affected by global economic meltdown. In 2009, Japanese economic growth is expected to dip further in comparison to 2008.
Japan economic growth (2008)
