Research Library

International Economics

What happened to 'Japan as #1' ?

Russell A. Green

What happened to 'Japan as #1' ?.

By Russell Green and Masaaki Yoshimori

Japan's once-booming economy has been somnolent, mainly as a result of deflation and decreased productivity.  This issue brief discusses Abenomics — the country's strategy for achieving economic growth  — and the headwinds created by the demographic forces of aging in Japan.