The performance of the economy improved since then, but some negative spillovers from Brexit are expected. Despite sustained fiscal and monetary stimulus in Japan, economic growth was marginally positive. While the past year was slightly more favourable for advanced economies, the same cannot be said for emerging markets, although there were divergent experiences.
Problems facing Japan’s economy Yet, there remain a host of long-term problems that must be overcome. Though the growth of Japan’s economy has been forced down at a lower rate since the bursting of the bubble, there have, in fact, been several recovery phases.