This month's featured article
Japan's New Growth Strategy and the World Economy
Dale W. JORGENSON Samuel W. Morris University Professor, Harvard University
The authors of the New Growth Strategy deserve congratulations for their excellent work. Its introduction appears to mark a turning point in the debate over economic growth in Japan, which has been underway for the last two decades. It is gratifying to see that the New Growth Strategy was endorsed by the Cabinet of Japan on July 31 this year. More details will be covered during the course of this presentation. In addition to discussing specifics on this strategy, alternative approaches worth considering will also be introduced. Finally, I will discuss the growth strategy proposed by the International Monetary Fund (IMF) in the Article 4 consultations which concluded on August 1.
To read the full text
http://www.rieti.go.jp/en/events/bbl/12092401.html
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