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
