Category: Economy

What now for the Japanese Economy: An interview with with one of Japan’s leading business consultants

Introduction Introduction During my recent visit to Japan, I was fortunate enough to talk and discuss the Japanese economy with one of Japan’s leading business consultants at the American Club in Tokyo. Surprisingly, although I had undertaken, what I considered due diligence in terms of reviewing the available economic data, his views and mine on the current and future outlook for the Japanese economy differed sharply. While I cited evidence of falling per capita income (Japan now ranked 24th in the world

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Perspectives on the Japanese economy – series II

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

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