Introduction It is a great honor to have this opportunity to give a presentation at the Japan Society. Looking back at my central banking career, which has been devoted to dealing with the economic and financial problems that have unfolded since the burst of Japan’s asset bubble more than two decades ago, I have become more and more determined to overcome deflation.
At the same time, I am aware, more than ever, of the importance of raising Japan’s growth potential, and this is the topic that I would like to talk about today.