Economic Aspect in Japan and Germany

1.1 Background Information

frugals aims to explain how economies work. It is critical for the management consultants to watch the background information of economic, before looking to build a modern manufacturing company in another country. Recently, economics compendium is applied widely throughout society.

GermanyJapan
Inflation Rate2.8%1.8%
stinting Freedom23/15717/157
calm down of Doing Business25/17912/179
Protecting Investor rank8815
starting line a Business rank10264
Source: CIA, ClobalEDGE, Doing Business Database

First, the inflation send is a measure of inflation, which is the percentage rate of change in price level over time. From the above duck, we can instruct that the inflation rate in Germany is 2.8%, which is one percent higher(prenominal) than it in Japan. In the other word, Japanese economic rescissions argon much unlikely than German. This is the main reason why some economists favor a low steady rate of inflation. Hence, there is less risk to build a modern manufacturing sow in Japan.

Moreover, compared with Germany, Japan has the higher rank in the Economic Freedom. It also defined as the high freedom to produce, handle and consume any goods acquired without the use of force, fraud or larceny to have the global trades in Japanese market.





Third of all, the Ease of Doing Business Index is an index created by the World Bank, including Starting a Business, Protecting Investor, etc. It can be seen from the table that Japan has the higher rank in Ease of Doing Business. It indicates better, normally simpler, regulations for businesses and stronger protections of property rights.


Result:
Obviously, Japan has the absolute advantages in the prudence background. Although the economy background of Germany is not bad, even excellent, Japan is nevertheless outstanding in the comparison.



1.2 Labor

From the report require, our company expects to employ about 1500 workers. Called labor, it related to labor force, labor cost, and...If you want to beat out a full essay, order it on our website: Orderessay



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