Challenges Ahead  Globalization of Human Resources Japanese Students Studying Abroad Temporarily  Japanese Students in Higher Education Abroad 120  %  thousand persons  0.40 0.35  100  140  thousand persons  120  0.30  %  Less than one month (left scale) From one month to less than one year (left scale) One year or longer (left scale) Number of students studying abroad (left scale) Ratio to population aged 15-29 (right scale)  0.7 0.6  100  0.5  80  0.4  60  0.3  40  0.2  0.05  20  0.1  0.00  0 FY 09  80 0.25 0.20  60  0.15 40 Number of students studying abroad (left scale) Ratio to population aged 15-29 (right scale)  20  0 CY83  87  91  95  99  03  07  11  15  0.10  0.0 10  11  12  13  14  15  16  Note: In the left chart, there is a discontinuity in the data for the 2013 survey due to a change in the definition of "students studying abroad."
This would also contribute to a rebalancing of firms’ financial structure after the fast increase in their leverage during most of the past decade in several euro countries. The Italian Presidency’s agenda emphasizes the development of capital market sources of finance and of non-bank financial intermediaries (venture capital funds, debt funds, European Long-Term Investment Funds – ELTIFs).