For decades, Japan has experienced low growth, low inflation, and low interest rates, largely driven by an ageing population – a phenomenon termed “Japanification”. While faster growth has remained elusive despite heavy stimuli, Japan has made headway in terms of labour productivity and technical innovation. The Japanese experience holds important lessons for other countries and regions – Europe first among them.
What has led to the effects of Japanification? How has Japan addressed the challenge so far? And what can Europe and Switzerland learn from the experience?
In this final episode, Yumiko Murakami, Head of the OECD Tokyo Centre, will join remotely for a conversation with Jeffrey Bohn, Chief Research Officer of the Swiss Re Institute.