...Japanese Political and Economic Systems Jorden Beale Thomas Edison State College July 1, 2016 With a population of 127.1 million people, Japan is ranked third in terms of nominal GDP as of 2015. It is a country of ever evolving political and economical systems. Globalization has played a large part in the development in Japan's economy and stability. This island located in the Pacific ocean to the West of the United States, Japan has been heavily impacted by both American culture and politics. The geography of Japan makes it easily accessible to other Asian and Mediterranean countries as well, helping Japan grow in trade even further. Compared to the U.S., Japan has had a very different political systems, legal systems, economic developments, global economic changes, and economic transitional methods. Japan has been a democracy since 1947. Democracy was one of the terms of surrender after WWII, and the United States helped Japan rebuild after the war. Currently, Japan has two houses of parliament that is responsible for governance. From the majority party, a prime minister is elected via vote within the parties. This is different from the U.S., where popular vote tends to have a direct sway in who is elected as leader. The current prime minister is Shinzo Abe of the Liberal Democratic Party (LDP). The Liberal Democratic Party is known to be the more conservative party and they also held power in Japan from 1955 all the way to 1993...
Words: 1747 - Pages: 7
...Medicinal Plants Medicinal Plants Medicinal Plants An Expanding Role in Development Jitendra Srivastava, John Lambert, and Noel Vietmeyer WORLD BANK TECHNICAL PAPER NUMBER 320 RECENT WORLD BANK TECHNICAL PAPERS No. 246 Plusquellec, Burt, and Wolter, Modern Water Control in Irrigation: Concepts, Issues, and Applications No. 247 Ameur, Agricultural Extension: A Step beyond the Next Step No. 248 Malhotra, Koenig, and Sinsukprasert, A Survey of Asia's Energy Prices No.249 Le Moigne, Easter, Ochs, and Giltner, Water Policy and Water Markets: Selected Papers and Proceedings from the World Bank's Annual Irrigation and Drainage Seminar, Annapolis, Maryland, December 8−10, 1992. No.250 Rangeley, Thiam, Andersen, and Lyle, International River Basin Organizations in Sub−Saharan Africa No.251 Sharma, Rietbergben, Heimo, and Patel, A Strategy for the Forest Sector in Sub−Saharan Africa No.252 The World Bank/FAO/UNIDO/Industry Fertilizer Working Group, World and Regional Supply and Demand Balances for Nitrogen, Phosphate, and Potash, 1992/93−1998/99 No.253 Jensen and Malter, Protected Agriculture: A Global Review No.254 Frischtak, Governance Capacity and Economic Reform in Developing Countries No.255 Mohan, editor, Bibliography of Publications: Technical Department, Africa Region, July 1987 to April 1994 No.256 Campbell, Design and Operation of Smallholder Irrigation in South Asia No.258 De Geyndt,...
Words: 10235 - Pages: 41
...Chapter 14 Energy Energy is considered to be the lifeline of economic development. For a developing economy with a high population growth rate, it is important to keep a balance between energy supply and emerging needs. If corrective measures are not effectively anticipated significant constraints start emerging for development activities. The rise in global energy demand has raised questions regarding energy security and increased the focus on diversification, generation and efficient allocation. The answer lies in the attainment of optimal energy mix through fuel substitution by promoting energy efficiency and renewable energy and interregional co-operation. However, oil and natural gas will continue to be the world’s top two energy sources through 2040; accounting for about 60 percent of global demand. Gas being the fastest growing major fuel source over this period is expected to grow at 1.6 percent per year from 2010 to 2040 as estimated by “The Outlook for Energy: A View to 2040” is given in Figure-14.1. Figure 14.1: Global energy demand by fuel type (Quadrillion BTUs) 250 Quadrillions British Thermal Units 2010 200 150 100 2040 2040 2010 From its peak in 2025, coal will decline by more than 10 percent of total Hydro/Geo 2010 2040 Latin America and China are the biggest users of hydro power, which makes up over 80 percent of total Hydro/Geo supplies 2040 50 0 2010 2010 2040 2010 2040 2010 2040 Source: The Outlook for Energy: Aview...
Words: 28835 - Pages: 116
...Consideration and Promissory Estoppel The Formation of a Contract 3 Consideration and Promissory Estoppel 1. CONSIDERATION In general, agreements or promises are contractually binding in English law only if supported by consideration. The requirement of consideration means that each party must receive or be promised something in return for giving or promising something. Consideration is, therefore, the legal description of the element of exchange and its practical effect is to ensure that gratuitous promises are not binding whereas bargains are. So if A promises B £1000, B cannot enforce that promise because B has provided no consideration (nothing in exchange) for it. It is traditional to define consideration as a benefit to the promisor or a detriment to the promisee. So in Currie v Misa (1875) LR 10 Ex 153, 162 Lush J stated, ‘A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other.’ This definition can be misleading unless one emphasises, in line with the need for an exchange, that the detriment to the promisee must be requested by the promisor. So if A promises B £1000 and B, in reliance on receiving that money, buys a car, that may constitute detrimental reliance by B but B has not thereby provided any consideration for A’s promise. In contrast, if A promises B £1000 in return for B’s car (ie...
Words: 45706 - Pages: 183
