This chapter delves into Japan's economic stagnation since the 1990s, exploring the underlying issues and lack of global advantages. It also discusses the potential for Japan to make an economic recovery as various economic factors align in its favor and explores the implications for advanced economies.
Japan's economy has been stagnant for 2 decades, and while some economists look at this as an outlier, it might be something that just happens to all advanced economies, and Japan just got there first. After suffering the "lost generation", can Japan come back and recover growth, or is their fate one we will all eventually reach?
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