In doing so, based on lessons learnt from the bursting of the recent global credit bubble, I believe it is crucial to also pay attention to the possible accumulation of financial imbalances observed, for example, in asset prices and credit aggregates. IV.
Global financial crisis and Japan’s economy  Next, I would like express my views on what kind of challenges Japan’s economy will face in 2010 onward. In conducting economic policy, or, in the management of firms formulating future strategy, it is critical to consider the lessons Japan should draw from the experience of the recent global financial crisis.