Original presentation is on the Bank of Japan’s website: www.boj.or.jp/en/announcements/press/koen_2013/ko131225a.htm/  Introduction It is a great honor to have this opportunity to address such a distinguished gathering of business leaders in Japan today. There is only one week left this year.
As for Japan’s economy this year, it has been following a recovery path as expected, due partly to the effects of both monetary and fiscal policies (Chart 1).