Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
When I participated in the Chatham House/Daiwa Research Institute conference on the post-Brexit Japan-U.K. relationship in Tokyo last month, it was my first visit back to Japan since my departure from Goldman Sachs almost six years ago.By and large, Japan in 2019 feels relatively stable when compared to other advanced economies. True, Japan's annual GDP growth has averaged just 1.1 percent so far this decade; but its declining population and shrinking workforce is already translating into stronger per capita performance.Later this year, Shinzo Abe will become the longest-serving prime minister in Japan's history.In addition to experiencing strong real per capita GDP growth, Japan's persistent deflation seems to have come to an end, and there have been marked increases in women's labor-force participation.No doubt, these variables along with a planned increase in the Japan's consumption tax will occupy financial analysts' minds for some time to come.As for the broader topic of our recent conference, I have realized that there are more areas for cooperation between post-Brexit Britain and Japan than I had previously thought, owing to the oddities of each country's economic situation.
The future of economic growth can be easily predicted
Can economics shake its long-held assumptions?
Can the Chinese consumer be resurrected? Let’s hope so
FOLLOW THIS ARTICLE