Not-So-Happy Meals

Wehrfritz, George; Itoi, Kay
August 2002
Newsweek (Atlantic Edition);8/12/2002 (Atlantic Edition), Vol. 140 Issue 6, p4
Examines the efforts of Japan to stop prices from falling, by adjusting the cost of McDonald's hamburgers. Observation that raising prices of hamburgers caused consumers to not buy them, resulting in falling sales and profits; Prediction that deflation will continue to plague the Japanese economy; Additional information on the economy, including increasing debt and declining profitability in various sectors due to falling prices.


Related Articles

  • Partners in Poverty? Beith, Malcolm // Newsweek (Atlantic Edition);2/25/2002 (Atlantic Edition), Vol. 139 Issue 8, p5 

    Reports that the credit-rating agency Moody's may downgrade Japan's debt. How it would place Japan in a category lower than Botswana, according to London's 'Financial Times'; Moody's criticism of Japanese Prime Minister Junichiro Koizumi's lack of policy response to deflation; Role of U.S....

  • The D Word Is Back. Caryl, Christian // Newsweek (Pacific Edition);2/5/2007 (Pacific Edition), Vol. 149 Issue 7, p30 

    The article focuses on deflation in Japan. For most of 2006, Japan's consumer price index (CPI) hovered above zero, but figures released for December indicate a slight decline, stemming from a drop in oil prices. Several factors that are suspected to have kept prices in Japan low are discussed,...

  • The Scariest Economy. Tasker, Peter // Newsweek (Atlantic Edition);9/6/2010 (Atlantic Edition), Vol. 156 Issue 10, p22 

    The author reports on the possible impact that government bonds may have had on the economy of Japan. Topics discussed in the article include interest yielded by Japanese government bonds, the impact that a lack of confidence in the future by Japanese residents has had on the value of the...

  • Hatoyama's To-Do List. Tasker, Peter // Newsweek (Atlantic Edition);2/15/2010 (Atlantic Edition), Vol. 155 Issue 7, p17 

    The article discusses economic conditions in Japan and gives advice to Japanese Prime Minister Yukio Hatoyama on reviving the economy. In the author's view Hatoyama must combat deflation by having Japan's central bank set an inflation target. He also believes Hatoyama should refrain from any tax...

  • Funding A Comeback. Weinberg, Neil // Forbes Asia;Apr2011, Vol. 7 Issue 5, p19 

    The article focuses on the present economic conditions of Japan, with its high government debts and ability of consumers to repay.

  • Fear of Japan Flu. Foroohar, Rana // Newsweek (Pacific Edition);1/28/2008 (Pacific Edition), Vol. 151 Issue 4, p5 

    The article compares the U.S. with Japan in terms of economic hardship. The 1990s brought Japan falling housing values, increasing debts, and slow growth in spite of cheap money. The subprime mortgage crisis happening in the U.S. and President George W. Bush's handling of it, say critics like...

  • The Greenspan of Japan. Werner, Richard A. // Newsweek (Pacific Edition);5/3/2004 (Pacific Edition), Vol. 143 Issue 18, p44 

    For years it has been said that Japan cannot recover without major reform: a wholesale shift from Asian-style welfare capitalism to U.S.-style stock-market capitalism. Now investors are buzzing about "recovery" despite very few real changes under Prime Minister Junichiro Koizumi. Investors are...

  • Loaded With Debt.  // Forbes Asia;Apr2011, Vol. 7 Issue 5, p19 

    A chart is presented on the debt-to-equity ratio of various countries including 225% of Japan, 132% of Greece, and 72% of India.

  • Comment: Here's a Switch: Preparing to Deal With Deflation . Nadler, Paul // American Banker;2/5/2003, Vol. 168 Issue 24, p6 

    Explains factors leading to deflation despite of rise in budget deficits in the U.S. Need for evaluation of deflation effects on saving rates; Possible benefits from deflation; Suggestions to avoid deflation.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics