Japan has joined a few other countries, namely Germany, France and Hong Kong, who have officially left recession status. Japan ‘beat’ the recession when their economy showed an overall growth of 0.9% in the second quarter of 2009, which runs from April to June.

At this time it is uncertain whether this growth will only be temporary and a lapse may return the country to a shrinking economy adn therefore reclassed as a recession. It is thought that a cash boost of almsot £160bn from the government in to the economy was a major factor in the positive results for the first time in over a year.

French and German economies also lifted themselves from recession by achieving a growth of 0.3% individually, while Hong Kong showed a great upswing, posting a growth of 3.3% in the second quarter.

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