economy Archives | Emeritus Professor John Mangan

Perspectives on the Japanese economy – series II

07/11/2025

Series II Reasons behind the slowdown; standard economic cycle behaviour or a peculiarly Japanese problem? All economies go through cycles. Standard economic cycles range from 5-7 years, The unusual feature of the Japanese path is that it has been sustained for longer than normal. As will be argued below, the decline in the high savings rate, formerly a bedrock of the Japanese economy is seen a principal reasons for this decline but there are other characteristics of the Japanese economy

Perspectives on the Japanese economy – series I

02/11/2025

Series I Introduction The Japanese economy and its stunning economic success were a major topic of discussion for economics students in Australia in the 1970s. I learned with much interest about the post war Japanese economic miracle which began in the 1960’s. The dominance of Japanese in electronics and cars well into the 1980’s confirmed the appearance of continuing economic prosperity. Yet within this growth and consolidation period there was always a nagging concern ; The Japanese national debt was always

Economic Costs of Road Congestion in Australia and how to reduce it : Part II

12/07/2025

Despite numerous and well-intentioned efforts to reduce road congestion, any relief achieved by these efforts tends to be short lived. Consider the case of the M1 in Queensland The M1 Pacific Motorway to the Gold Coast—particularly the stretch between Brisbane and Tugun—began experiencing congestion issues relatively soon after its initial construction, due to rapid population growth and increased tourism in the region. Motorways are modern examples of Say’s law whereby supply creates demand/ The short sequence between constriction of the

Economic Costs of Road Congestion in Australia and how to reduce it : Part I

11/07/2025

Commuters from outer suburbs of Sydney and Melbourne spend 41% of their commute stuck in traffic, equivalent to ~77 hours/year These delays are roughly two full working weeks per year per driver. Without major action congestion and associated costs are expected to double by 2030 Traffic congestion is a persistent issue in urban areas worldwide, with far-reaching economic consequences. As cities grow and vehicle ownership increases, the strain on transportation infrastructure intensifies, leading to longer travel times, increased fuel consumption, and reduced productivity. The data

Tag: economy

Perspectives on the Japanese economy – series II

Perspectives on the Japanese economy – series I

Economic Costs of Road Congestion in Australia and how to reduce it : Part II

Economic Costs of Road Congestion in Australia and how to reduce it : Part I

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Tag: economy

Perspectives on the Japanese economy – series II

Perspectives on the Japanese economy – series I

Economic Costs of Road Congestion in Australia and how to reduce it : Part II

Economic Costs of Road Congestion in Australia and how to reduce it : Part I

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Follow John Mangan

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