What makes innovations feasible at a rapid pace today vis-a-vis say, the last century? Undoubtedly, it is the advent of technology.
is forecasted to deteriorate considerably in three months ahead, suggesting that firms have come to be cautious due partly to the appreciation of the yen. However, when looking from a somewhat longer perspective, Japan’s economy is expected to return to the moderate recovery path as emerging economies with high growth potential will complete the current mild adjustment phase.