The bubble Economy

The foundation for a gradual recovery in Japan's economy is being laid as the environment for exports and business sentiment have improved. This development occurs against the background of a cyclical rebound in global demand for IT-related goods as well as the progress of structural adjustment, including the improvement of corporate profitability. Structural adjustment of Japan's economy is but halfway complete, and many issues remain to be resolved. Persistent adjustment pressures have weighed heavily on …

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