Each country or region has its own difficult problems to overcome. From an objective perspective, we may be underestimating the potential strength of Japan’s economy. First and foremost, Japan is at the center of Asia, the growth engine for the global economy.
In finance, Japanese financial institutions ended the disposal of non-performing assets as early as the beginning of the 2000s, and they now enjoy high credit rating standards relative to their overseas competitors (Chart 24). There are areas one can find in firmness of domestic demand where changes could be turned to advantages.