May 27, 2012
 |
Japan grows for fourth straight quarter
21 May 2010 / AP , TOKYO
Japan’s economic engine accelerated in the first quarter, with red hot growth in China spurring a broadening recovery.
Real gross domestic product grew at an annual pace of 4.9 percent in the January-March period, the government said Thursday. The figure marks the fourth straight quarter of expansion but misses Kyodo news agency’s average market forecast for annualized growth of 5.6 percent.
Still, the results are solid and reflect how the country is benefiting from a surging Asia and China, which is poised to overtake Japan as the world’s No. 2 economy sometime this year. The robust export demand has given Japanese companies the confidence to raise factory output and plan for bigger capital investments.
The difference this time, economists say, is that the recovery is finally starting to reach workers and households.
Exports accounted for more than 90 percent of Japan’s economic growth in the previous three quarters, said Takuji Okubo, chief economist at Societe Generale in Tokyo.
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| BÜLENT KENEŞ |  |
||
| What befell Niyazi-i Misri in the past is happening to Fethullah Gülen now | |||
| EKREM DUMANLI |  |
||
| When a call for fairness and reason finds acceptance | |||
| ŞAHİN ALPAY |  |
||
| Uludere, test case for democracy in Turkey | |||
| EMRE USLU |  |
||
| Are the Kurds mentally divorced from Turkey? | |||
| GÖKHAN BACIK |  |
||
| Erdoğan, Gül and Davutoğlu: the inner bargain on Turkish foreign policy | |||
| MARKAR ESAYAN |  |
||
| Taking lessons from previous experiences with the military | |||
| YAVUZ BAYDAR |  |
||
| Qualm | |||
| ÖMER TAŞPINAR |  |
||
| A new phase in Syria? | |||
| İHSAN DAĞI |  |
||
| Turkish foreign policy: Time for a re-evaluation | |||
| SEYFETTİN GÜRSEL |  |
||
| Poor-friendly economic growth and the AK Party | |||
| CHARLOTTE MCPHERSON |  |
||
| Missing women, missing opportunities | |||
| BERK ÇEKTİR |  |
||
| Changes to incentives for investment in Turkey | |||
| MERVE BÜŞRA ÖZTÜRK |  |
||
| The 1960 coup: a final test for democracy | |||
| AMANDA PAUL |  |
||
| Ukraine: a lost country | |||
| MÜMTAZER TÜRKÖNE |  |
||
| The 52nd anniversary of May 27 | |||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||
