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Today, the global economy become very serious and is experiencing one economic depression or crisis. Globalisation firstly encountered its slow growth after a few years of focuses. In 2008, the United States, even the world economy, was deeply trapped into the slow growth along with the bankruptcy of firms, products unsalable, currency devaluation and stock depression. It is said that the situation of United States today is similar with Japan’s slow growth in the 1990s. In this essay, it once again focused on the Japan’s slow growth in the 1990s and analyzed various external and internal factors. In addition, this essay reviewed the situation of Ethiopiaand Africafor Japan, and outlined the elements in the development efforts, according to Japan’s experience cooperation strategy.
如今，全球经济变得非常严重，正在经历一体的经济衰退或危机。全球化几年后首先遇到的缓慢增长。 2008年，美国，乃至世界经济，被深深地陷入，随着公司，产品滞销，货币贬值和股市萧条破产的缓慢增长。有人说，美国今天的情况与日本的缓慢增长，20世纪90年代相似。在这篇文章中，它再次聚焦于日本的缓慢增长，20世纪90年代和分析各种外部和内部因素。此外，这篇文章审阅埃塞俄比亚和非洲对日本的情况，并根据日本的经验合作战略概述了开发力度的要素。

Reflective Factors for Japan's slow growth in the 1990s 日本20世纪90年代经济增长缓慢的因素

Various factors should be responsible to the Japan’s slow growth in 1990s. The external trade failure speeded up the growth decline in Japan. And the internal situation certainly destine the slow growth happened in 1990s.
日本20世纪90年代经济的缓慢增长包含了多种因素。对外贸易失败加速了日本的增速下滑。内部情况在20世纪90年代注定缓慢。

The external factors for slow growth 增长缓慢的外部因素

The external businesses failure or trade competitions were the speeder for Japan’s slow growth. Firstly, the programes of “Plaza Accord”, which is made by the External Trade Organisation of Japan since 1970, to large extent limited the ability to regulate the domestic economy. This accord is a serious imbalance strategy guidance for U.S market. It aimed to expand surplus resource into other market, even global market, In 1990s, the deficit of U.S accounted for 6% more than GDP. In 1985, the United States leaded the five western countries, to sign "Plaza Accord". Then, the External Trade Organisation delegated Japanese government to sign the Accord. The five countries agreed to join and intervene the foreign exchange market in order to achieve a soft landing of overvalued dollar, as well as to continue to defend the dollar as the central of the international financial system. As a result, the appreciation of Yen raised from 240 yen to 1 dollars to 79 yen to 1 dollars after 10 years of 1980s. about 67% appreciation rate. In the beginning of 1990s, the dollar was actually depreciated in Japan. However, the government department insisted on the agreement of “Plaza Accord” and persistently maintain the status of dollar assets (Hayashi and Prescott, 2002). They continually encouraged a large number of Japanese companies to buy dolllar assets, Guiding this policy, both domestic and international capital flooded into Japanese stock market, real estate marekt. After time of glimpse, Japanse foreign exchange reserves increased repidly and exceeded the expectation rate of the appreciation of Yen. Moreover, it caused the overheating of domestic economy. The prices of every products in domestic market increas本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。