Takehiro Sato: Recent developments in economic activity, prices and monetary policy Speech by Mr Takehiro Sato, Member of the Policy Board of the Bank of Japan, at a meeting with business leaders, Gunma. 6 February 2013. * I.
Another may be the fact that technological change and globalization increase the ability of more productive firms to gain market 4  share. These two possible explanations have markedly different policy implications. The scientific debate is currently ongoing, and during this workshop other possible explanations will be discussed in depth by several presenters.