Taking the case of Ehime Prefecture as an example, gross prefectural product has increased moderately in recent years despite a continuing decline in 8  The following argues that economic growth leads to openness, generosity, mobility, and democracy in a society: Friedman, B. M., The Moral Consequences of Economic Growth (New York: Knopf, 2005).
In 2010, growth prospects remain positive as the economy enters its fourth year of economic expansion. The combination of a stable exchange rate and moderate interest rates is encouraging businesses expansion. Employment is strong, foreign exchange reserve level is high and Government debt is at a sustainable level.