How Japan’s economy has become a cautionary tale

Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube

Read more on this: https://sc.mp/wsw38


Japan has slipped from being the world's third-largest economy to being officially in recession. The country’s GDP fell to US$4.2 trillion in 2023, placing it behind Germany, China and the US. Japan's economy has been struggling since the burst of its bubble economy in the 1990s, characterised by low growth and deflation. To recover, experts say Japan needs significant structural reforms, increased innovation and productivity and efforts to empower women.

This video has been republished to correct a spelling error.

Support us:
https://subscribe.scmp.com

Follow us on:
Website: https://www.scmp.com
Facebook:   / scmp  
Twitter:   / scmpnews  
Instagram:   / scmpnews  
Linkedin:   / south-china-morning-post  

#scmp #Asia #Japan