According to the Bank’s estimates, the potential growth rate has been in the range of 0.5-1.0 percent recently. Although the rate has risen compared to around 2010, it can be said that Japan’s growth potential has been sluggish. This is also an indication of the various challenges that Japan faces in achieving a rise in productivity.
With regard to corporate activities, for example, firms’ utilization of resources to achieve the intended goals should be minimized, and the achievement process needs to be managed by means of effective corporate governance.