Indeed, government policy has encouraged highly skilled foreign professionals to work in Japan. Through collaboration and cooperation across borders, firms will take advantage of growth opportunities overseas, generating new innovation and raising labor productivity. This process will be accompanied by increased competition, with domestic workers facing overseas competitors in a much broader range of industries and professions.
But many believed that  3  Romer and Romer (2002) document that the Federal Open Market Committee understood the essence of sound policy. Nonetheless, as Nelson (2013) discusses, many authors argue that the way those principles were applied contributed to the fluctuations of the time.