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This quote is just one of 9 total Stefan Worrall quotes in our collection. Stefan Worrall is known for saying 'Japan's economy is back, and with a vengeance. This was a pretty fantastic year.' as well as some of the following quotes.
Before, growth was reliant on the life support of external demand. Japan is moving back to a more normal economy, where domestic demand is the biggest driver.
The main difference this time is the restructuring of the domestic economy, playing down the excessive debts and other hangovers from the asset bubble of the 1980s, and those adjustments have been done. In the past we've had recoveries driven by export growth but no real adjustment in the broader economy in areas outside of exports and manufacturing.
This quote is just one of 9 total Stefan Worrall quotes in our collection. Stefan Worrall is known for saying 'Japan's economy is back, and with a vengeance. This was a pretty fantastic year.' as well as some of the following quotes.