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How Japan Could Tap Its Hidden Economic Potential
The nation has a treasure trove of patents, cash and people it needs to fully utilize
Japan's Untapped Potential for Economic Growth
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Japan’s population is declining, deflation has returned, and the nation's economy is still stuck in cycle of weak, stop-start growth. And yet, there are a number of hidden and underutilized resources that Japan could tap to try and escape this economic malaise.
The Organisation for Economic Co-operation and Development notes that while demographics are against it, Japan still has a huge wealth of human capital, thanks to its highly trained and educated people. There's also dormant capital and even unused inventions that could be put to work to increase growth.