The Key to Japan’s Economic Revival
by Naomi Feldman, Ayako Kondo
In 2010, Japan fell behind China from second to the third place among the largest economies in the world. In 2023, Japan slipped again to fourth place, falling behind Germany. The recent drop has a variety of short and longer-term explanations: the economy contracted for two consecutive quarters in late 2023, the yen has steadily […]