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Some economists estimate that housewives' services, valued in money, would amount to about 25% of GNP.

Japanese companies have set up factories on every continent, and Japanese banks help finance many of the world's major economic programs.

A high savings rate is cited as one factor for Japan's strong economic growth because it means the availability of abundant investment capital.

Of course, they are suffering from terrible working conditions such as low wages and arbitrary layoffs, as well as from various forms of discrimination.

Central Bank is a bank that deals mainly with other banks and the government and assumes broad responsibilities in the interests of the national economy apart from the earning of profits.

People in such countries, especially the ASEAN countries, believe that the secret of Japan's remarkable economic growth is education.

Therefore, they cannot catalyze deregulation without "external pressure".

Learning lessons from Europe, Japan has to switch its economic-oriented policy to a consumer-conscious one, in order to cope with the coming unprecedented aging society towards the 21st century.

Later, those from many other countries flocked to the United States because they were attracted by reports of great economic opportunities and religious and political freedom.

Especially over the last 20 years, the purported link between progressive welfare policies and economic failure in the Northern European countries seems to point to the difficulty of sustaining both full social welfare and international competitivity.