🧵 1/4 Japan's economy: a blend of innovation, stagnation, and resilience. It was once poised to overtake the U.S., but the 1990s brought a period of stagnation that defied expectations. #world
🧵 1/4 Japan's economy: a blend of innovation, stagnation, and resilience. It was once poised to overtake the U.S., but the 1990s brought a period of stagnation that defied expectations. #world
🧵 2/4 Japan's unique situation: despite predictions and vulnerabilities, its advanced economy hasn't collapsed. Lessons for understanding the lifecycle of advanced economies.
🧵 3/4 Japan's standard of living is a notable strength despite economic challenges. Effective management of issues like housing affordability. Economic growth isn't the only measure of success.
🧵 4/4 Technological challenges for Japan as it struggles to keep up with rapid advancements. In contrast, the U.S. leads in innovation, impacting the global economic race.
🧵 Read more at @hive-data's blog: https://inleo.io/@hive-data/japaneconomy