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![]() Sayaka OhshimaThe Diplomat |
Aside from the question of growth, the question is whether policymakers can reorient the country’s future trajectory before serious problems set in.
Japan’s reluctance to empower third-party oversight in its corporations is no longer just a domestic risk but an international one.
From defense spending to demographic decline, Japan’s tax reform attempts to address pressing national issues.
The symbolic moment of California surpassing Japan in economic size reflects deeper structural stagnation.
The country's large holding of U.S. debt has long been framed as a win-win. It now has the potential to serve as a diplomatic trump.