Japan’s Options
The current tensions between China and Japan have revived talk about how far Japan has fallen since its glory years of the 1980’s. But, despite its poor economic performance in recent years, Japan retains impressive power resources, and has an impressive record of reinventing itself.
TOKYO – The current tensions between China and Japan have revived talk about how far Japan has fallen since its glory years of the 1980’s. To the extent that this sense of decline is grounded in reality, can Japan recover?