Astroboy
先輩
- 5 Dec 2007
- 1,264
- 25
- 58
Japan's Current Account Surplus Jumps 26% In 2007
http://www.foxbusiness.com/markets/...t-account-surplus-jumps-26-2007_477160_3.html
I am very surprised to know that Japan's current account surplus increased in 2007, marked the highest reading for the second straight year since comparable data became available in 1985.
Trade account is always surplus and thus not interested. But The income account, net income from Japanese investment overseas, reached yet another record-high surplus in 2007, up 18.4 percent from the previous year and the fifth straight year of growth.
An increase in direct investment returns and stock dividends from Japanese investment abroad pushed the income account surplus up to a record for the fourth straight year.
The income account surplus exceeded that of merchandize trade for the third straight year, indicating Japan's economy depends more on returns from overseas investment as a major source of income than on earnings from exporting goods.....
Japan is earning income earned from investment overseas, and in other words, people in overseas are working for Japan, and Japanese don't need to work so much.
I have never heard about such a country (earning investment-income rather than trade) in human being history. Does this mean that Japan is being a Utopia? I am not a economist. So any thoughts are welcomed.
http://www.foxbusiness.com/markets/...t-account-surplus-jumps-26-2007_477160_3.html
I am very surprised to know that Japan's current account surplus increased in 2007, marked the highest reading for the second straight year since comparable data became available in 1985.
Trade account is always surplus and thus not interested. But The income account, net income from Japanese investment overseas, reached yet another record-high surplus in 2007, up 18.4 percent from the previous year and the fifth straight year of growth.
An increase in direct investment returns and stock dividends from Japanese investment abroad pushed the income account surplus up to a record for the fourth straight year.
The income account surplus exceeded that of merchandize trade for the third straight year, indicating Japan's economy depends more on returns from overseas investment as a major source of income than on earnings from exporting goods.....
Japan is earning income earned from investment overseas, and in other words, people in overseas are working for Japan, and Japanese don't need to work so much.
I have never heard about such a country (earning investment-income rather than trade) in human being history. Does this mean that Japan is being a Utopia? I am not a economist. So any thoughts are welcomed.