Takeo Hoshi

In this engaging discussion, Takeo Hoshi, a professor at the University of Tokyo and expert on Japan's economics, dives into the nation's 'lost decades' following the 1990s bubble burst. He explains how deflation entrenched financial stagnation and the banking system's failures compounded the crisis. Hoshi also highlights Japan's global economic significance, examining its heavy export reliance and the implications of its high public debt. The conversation explores lessons for other advanced economies grappling with similar challenges today.