Country Study of Japan

Japan's climate varies from tropical in the south to cool temperate in the north. Its terrain is mostly rugged and mountainous. Thirteen percent of its land is arable, with one percent devoted to permanent crops, one percent used as meadow and pastures, 67 percent being forest or woodland, and nine percent being irrigated land.

Japan has many dormant and some active volcanoes, with about 1,500 seismic occurrences (mostly tremors) every year. The country is also subject to tsunamis. Its population in 1992 was 124,460,481 , with a birthrate of 10 births per 1,000 population, and a death rate of seven deaths per 1,000 population, with an infant mortality rate of four deaths per 1,000 live births. Its life expectancy at birth is 77 years for males and 82 years for females. The fertility rate is 1.6 children born per woma

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e Europeans. The Japanese should be persuaded to deregulate its economy--by eliminating rules that hamper competition and enforcement of antitrust laws. There are elements within the Japanese government and business community who do support Clinton's efforts because they understand that deregulation will help them as well as consumers, and Clinton should align himself with them. The third option, resisted vehemently by the Finance Ministry, is a big tax cut, similar to the one President Reagan once proposed. There had been a few fiscal packages proposed in 1992 but they did not reverse this problem. The ministry cites the deficit-ridden U.S. economy as an example of addiction to lax public finance beyond cure. However, now the ministry is considering an emergency fiscal program providing for tax cuts in 1994. There would also be new taxes imposed after 1994. In line with the ministry's insistence on revenues, consumption taxes will double by 1995 to recoup the money lost by the tax cut. However, economists are skeptical whether short-lived solutions will do much for the economy. Reagan's tax cut gave the United States a decade of sustained, although artificial, growth, but Japan's tax cuts may not even yield an extra tw
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Some common words found in the essay are:
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Approximate Word count = 2496
Approximate Pages = 10 (250 words per page)

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