Thursday, November 30, 2006

Can Japan Hold on to its recovery?

Just in the time for Japan to celebrate its official exit from deflation, a long painful stagnation of zero-interest rate, zero or even negative growth in the past decade, some experts voice cautions that fast changing global economy, its domestic consumption and income growth can also derail Japan from moving along on the right track.

Wharton school of business at University of Pennsylvania, put out a report titled Can Japan hold on to its recovery? From real estate boom to Anime industry, from energy to world politics, the report details the progress and problems facing Japan.

Check out the report here.

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