a) The Australian government has many objectives in trading with Japan; external stability, sustainable economic growth, etc. Australia may gain external stability as in recent; the Japanese economy had been facing challenges over its energy policy, as well as other external risks. Australia is a major beneficiary of that issue as the Japanese government is encouraging firms to help assure energy and commodity supplies through increased investment in overseas natural resources. A sustainable economic growth may also be gained through trading with Japan.
b) As Australia and Japan hold a very close relationship in terms of economically and is fundamentally important to each other, there are many economic benefits to consumers, businesses, workers
Australia entered World War II (WW2) on the 3rd September 1939, following the United Kingdom’s declaration of war (551). During this period, The Australian Government sent almost half of the Royal Australia Air Force (RAAF) and Royal Australian Navy (RAN) ships to fight alongside Britain in the European war (anzacportal).
The bilateral relationship between Australia and Indonesia has a long but fluctuating history as ‘strange neighbours’, based on a traditional stance from Australian parties of Indonesia as the weaker state (Robert and Hadir 2015: 195). The discourse on Australia’s role in East Timor, particularly the intervention as the head of the UN sanctioned INTERFET team, has been praised or criticized depending on the narrative constructed of the events (Maley 2000: 151). Australia’s role in the East Timor crisis began through complicity in its causes, followed by a change in foreign policy which caused a deterioration of the Indonesia-Australia relationship at a time when Indonesia’s new democratic governance should have deepened relations (Sulistiyanto 2010: 125). While Australia and Indonesia have been steadily rebuilding their relationship, especially in regard to security, the
Australia and China adopt very different economic systems in order to cater the best for their society. However, Australia's economic system is more successful than China's and, due to the writer's right-wing value system, will be measured in terms of environmental efficiency, labour and entrepreneurial resource efficiency and the standard of living.
Despite their thoughts some Japanese left Japan during the late 1800s (1880s-1890s) and migrated to Australia, the Japanese that migrated to Australia worked in the Australian pearl industry or worked in the sugar cane industry. Once the Japanese had gained enough money, they bought their own ships and started their own pearl businesses. By 1897 the Japanese industry was bigger than the Europeans, and they had over 1000 workers in their industry in the early 1900s. The Japanese’s pearl industry made lots of money and profit, that when the immigration restriction act was enforced, they allowed the Japanese pearl workers to go back and forth from Australia. In 1947 most of Japanese in Australia immigrate back to Japan after the war, which affected the population of the Japanese in Australia, it decreased to 96, yet in 1961 the population increased to 606
Welcome, to our Latino community at-risk youth focus group of Forsyth County, in North Carolina. Our mission of the “Unidos” Gang Prevention and Education Program is to lower gang involvement, violence, with providing education, knowledge, community and family involvement.
This essay analyses the Australian-China bilateral relationship since 1945 and in particular its political significance to Australia. Many global factors have influenced this relationship, including the advent of the Cold War, the Korean War, the Vietnam War and the collapse of the Soviet bloc European nations. In addition, internal political changes in Australia and China have both affected and been affected by the global changes. It will be analysed that Australia’s bilateral relationship with China has always had a sharp political edge but that approaching the new millenium economics and trade considerations are shaping Australias and for that matter Chinese politics.
The world economic environment is continually undergoing rapid integration through exports, imports and the coordination of monetary and fiscal policies. Both Australia and Japan’s economies are mixed, whereby they contain elements of planned and market economies. Over the past 3 decades the Australian and Japanese economies have experienced gradual economic growth. Japan experienced a recession in 2014. The monetary system used in Australia and governed by the Reserve Bank of Australia who set the interest rate on overnight loans. The Australian currency is called the Australian dollar (AUD). The Australian Stock Exchange (ASX) is Australia’s stock market, which allows the buying and selling of shares of companies. The Japanese currency is
An additional advantage of aid is that it provides Australia with strengthened diplomatic, economic and political ties to the recipient countries. As Australia is a prominent aid donor in the Asia-Pacific region, it has strong diplomatic ties with the developing countries of that area, and can therefore receive the benefits from such a relationship with these countries. An example of such a relationship would be the free trade agreements Australia signed with Singapore in 2003 and Thailand in 2005, Australia diplomatic relationship with these nations played a large role in the securing of these two agreements. Australia can also benefit from such a good relationship politically as the recipient country of Australian aid can support Australia’s politics. A strong relationship with a recipient nation would also allow Australia to form economic bonds with the developing country, such as the agreement of tied aid money – were the recipient must spend some of the aid money provided by Australia on Australia’s goods and services, therefore strengthening Australia’s economy. Hence, creating and maintaining strong relationships with recipient nations of Australian aid is advantages as it
Australia’s political view has been recognized by other countries as a strong market leader and a valuable country to have free trade agreements with. All Australians can see that this is a huge benefit to the Australian economy. An increase in trade agreements means more jobs and security for the
Australia has several ties with other countries. These ties are established in several ways, one of which is through trade. The nature of trade includes exporting and importing goods and services which form trade links with partner countries. Trade comes with its advantages and disadvantages. Australia also takes part in multilateral agreements, such as APEC, to be able to strengthen trade links.
Indonesia is the largest country in South East Asia and the third most populous in the world. Indonesia’s geographic proximity to Australia makes its bilateral relationship with Australia an important one for both
With a GDP of over $1 trillion USD, the Australian economy is among the largest in the world (Cornett and Saunders, 2014). Australia is trading partners with the United States, China, and Japan, but their economic ties are mainly centered in the Pacific Rim. Exports are crucial to the country’s GDP and this has created problems regarding sustainability in the Australian economy.
Australia’s main trading partners are China, Japan, the United States, Republic of Korea and Singapore. Nearly half of Australia’s trade activity in terms of imports and exports are with these 5 countries alone. Particularly with the recent growth of the Chinese economy, Australia’s chief trading partner, the country has seen growth in its exports. However very recently the growth of the Chinese economy has been slowing which is a risk to Australian exports.
The deregulation of financial markets catalysed by Globalisation worldwide has impacted on the amount of trade within the Japanese economy beneficially allowing easier access to foreign currencies, facilitating a higher flow of goods between nation, by relaxing laws that severely prevented foreign buying of currency, and floating the yen. These drivers have helped boost Japan's trade and recovery from its recession. Technology has allowed finances to be traded and communication to be near to instantaneous. This has increased dramatically the amount of FDI into Japan largely thanks to the numerous strategies the Japanese government has taken to promote economic growth and hence development. Finance and Foreign Direct Investment (FDI) have increased as a direct result of globalisation doubling from $63 billion in 2001 to $144 billion in
The culture of a place is an integral part of its society whether that place is a remote Indian village in Brazil or a highly industrialized city in Western Europe. The culture of Japan fascinates people in the United States because, at first glance, it seems so different. Everything that characterizes the United States--newness, racial heterogeneity, vast territory, informality, and an ethic of individualism-- is absent in Japan. There, one finds an ancient and homogeneous society, an ethic that emphasizes the importance of groups, and a tradition of formal behavior governing every aspect of daily living, from drinking tea to saying hello. On the surface at least, U.S. and Japanese