Toshihiko Fukui: The current situation and outlook for Japan's economy Summary of a speech by Mr Toshihiko Fukui, Governor of the Bank of Japan, to the Board of Councillors of Nippon Keidanren (Japan Business Federation), Tokyo, 22 December 2005. *  *  *  Introduction There is now only one week remaining in 2005.
The year has been marked by steady progress toward a new path of growth for Japan's economy, with the completion of adjustments that had been ongoing since the bursting of the bubble.