Comparative Econ--Brazil and Japan Assignment Example | Topics and Well Written Essays - 2500 words

Comparative Econ--Brazil and Japan - Assignment Example Since the two countries are nearly the same with strong economies (stable economies), it is therefore important to analyze the main distinguishing aspects of the two leading global economies. This paper will provide in depth comparative analysis of the two countries since the rise of Keynesian theory to the current economic and political standing of the two countries. Japan classifies among the world’s most stable economies. Japan is known for its rich history of producing high quality automobiles and electronic goods. Electronic products manufactured is Japan have positive reputation in the global market and make significant sales. In addition, vehicles produced by the Japanese automakers enjoy high recognition in the world market due to the low pricing, low consumption of fuel, easily accessed spare parts and general high quality of the cars. Brazil on the other hand ranks among the countries whose economy is growing at a remarkable. Essentially, Brazil is a member of the co llective developing countries classified under the BRICS acronym. Brazil’s economy has a rich history of expansive agricultural activities that mainly involve large-scale plantation of coffee for commercial purposes. Brazil is in effect the world’s leading producer and exporter of coffee. ... Japanese Political Environment before 2001 Between 1912 and 191, the political elite in Japan underwent through the period of Taisho occasioned with the monarchial rule under the perceived weak Prince Yoshihito. The political system of Japan in from 1912 to 1918 was under the rule of self-proclaimed leaders known as the genro. In between 1912 and 1918, Japan’s political system faced military threat intended to the influence the cabinet. With the progress of war in Europe, Japanese political system used the situation to extend its influence of boundary expansion into China. Between 1919 and 1926, the Japanese political system transformed to involve two party systems that encompassed the conservative party named Rikken Doshikai and the Pro democracy party named Seiyokai. The two parties worked in collaboration towards strengthening of Taisho democracy that nurtured the voting right of the citizens. Assassination assumed part of the Japanese politics with eventual murder of the f irst interparty Prime Minister Takashi Hara in 1921. Japanese political elite structured laws to bar formation and development of the Communist Party in 1923. The political elite feared that development of the Communist Party would result to the communism in the economy of the country. The period between 1927 and 1929 marked the beginning of the Showa period following the rise of Emperor Hirohito to power. Showa period also witnessed the beginning of a fading a fading democracy with two coalition parties practicing alternation in power. Japanese political system also faced shaky moments between 1930 and 1939 evidenced by increased military led killings and explosion. The national army also did assassinate Prime Minister Inukai with