Economist Podcasts The Intelligence: Land of the rising sums
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Nov 24, 2023 
Noah Snyder, Tokyo bureau chief for The Economist, shares insights on Japan's economic revival prospects amid a deflationary struggle. John McDermott, chief Africa correspondent, discusses the significance of lithium mining in Zimbabwe, emphasizing China's role in the market. Meanwhile, Anne Rowe recounts the inspiring story of Eleanor Otto, a remarkable worker at Boeing who embodied resilience by riveting aircraft until the age of 95. Together, they delve into economics, history, and the quest for sustainable development.
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Japan's Economic Turning Point?
- Japan's economy, long stagnant, shows promising signs like rising wages and foreign investment.
- However, it faces challenges like a recent GDP drop and an aging corporate culture.
External Forces Shaping Japan's Economy
- Two external factors are impacting Japan: rising prices, a shift in global supply chains.
- These create an opportunity for Japan to benefit from a move towards supply chain resilience.
Internal Transformations in Japan
- Internal shifts in Japan include improved corporate governance and a generational change in leadership.
- Younger leaders are pushing for a more dynamic, less rigid corporate culture.