Competitiveness in Japan
March 15, 2012
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Richard Katz has posted his Oriental Economist article over on East Asia Forum, in which he asks the question: Is Japan losing its competitiveness?
Although Japan’s merchandise trade deficit in 2011 — the first since 1963 — is a product of the natural disasters of 2011, it is a harbinger of things to come. Sometime within this decade, Japan is likely to start running chronic trade deficits.
Abso-friggin-lutely, it is! Definitely worth reading!
Categories: Economy
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