Posted inQuestion about Japan
Why doesn’t Japan’s economy grow?
This article by Charles R. Tokoyama, CEO of Japan Insiders, examines the reasons why Japan's economy has failed to grow and what can be done to revive it. Factors contributing to this stagnation include an aging population, low birth rate, lack of innovation and high corporate taxes, as well as the impacts from the global financial crisis. Prime Minister Shinzo Abe's "Abenomics" policies have had some success in reviving short-term economic performance but have yet to address underlying structural issues hindering sustainable growth.