Question

Japan's GDP per capita is extremely high but their GDP growth rate shows their economy is shrinking. Why might this be the case?

Answer 1

Japan's economy stagnated in the 1990s after its stock market and property bubbles burst. Companies focused on cutting debt and shifting manufacturing overseas. Wages stagnated and consumers reined in spending.

Once deflation set in consumers started to expect prices to fall and they delayed spending for as long as possible in order to save money. That perpetuated the problem and continued the cycle.

Japan’s ageing population is now making the problem even worse. By 2020 the country will be losing around 600,000 people a year. Getting growth from an ageing, shrinking society is difficult.

Answer 2

GPD (GamePad Digital) is a technology company based in Shenzen, China. Among other products, they have created several handheld video game consoles which run Android on ARM architecture. The GPD Win was meant to be a way to play PC games, PC-based video game console emulators, and hypervisors (such as VMware and VirtualBox clients) on a handheld device.[4] The appeal of the Win is intended to be that an x86 Windows handheld PC console offers far more PC and emulator gaming support than other architectures and operating systems that are widely used on mobile devices (such as Linux or Android on ARM hardware, or proprietary systems). GPD widely touts this ability on the device's Indiegogo page, with video demonstrations.