Since the collapse of the bubble economy in the 1990s, Japan has been stuck in a period of stagnant growth and weak corporate competitiveness, which is known as the "lost 30 years." Many experts have expressed their opinions on why there has been a "lost 30 years", and Ryutaro Kono, chief economist at Paris Securities, has also expressed his unique insight, and he fears that Japan will "lose another decade". In his view, an important reason is the increase in the ...
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