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Global Economic Outlook 2019: Japan—Slow but Steady Growth Masks Serious Recession Risks


January 2019 | Publication

Japan’s growth rate is slower than average for a mature economy, partly due to a severe demographic challenge: an aging and shrinking population. Nevertheless, our overall medium- to long-term outlook for Japan is somewhat more positive, primarily because the country has the potential to generate productivity growth and its labor quality is improving.


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Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair
The Conference Board


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