Japan

During the review period, Japan’s economic performance remained sluggish in light of, among others, persistently low inflation and an aging and declining population. The series of natural disasters that hit the country in recent years further hampered the economy and put increased pressure on public finances. The authorities have responded with extensive policy measures with a view to boosting business and consumer confidence and consolidating publi Read More

The Japanese economy has continued to recover moderately since November 2012, on the back of improvements in the employment and income environments. Nominal GDP, real GDP and the GDP deflator in FY2015 grew simultaneously from the previous year for the first time in 18 years. The current administration’s economic policies, "Abenomics," are still at about the halfway point, but progress has been made in reviving economic activities a Read More

This eleventh Trade Policy Review of Japan has provided an excellent opportunity for all of us to improve our understanding of Japan’s trade and related policies. Our discussions have benefited from the active participation of the Japanese delegation led by Ambassador H.E. Mr Jun Yokota from Tokyo and Ambassador H.E. Mr Yoichi Otabe from Geneva, the informative and thought-provoking presentation and interventions by the discussant, Ambassa Read More