Abstract

Japan, which was once called ”Japan as Number One,'' has declined significantly, and its purchasing power has fallen to the level of the 1960s.
An authority on economics who has been observing the world for 60 years reveals the current state of the Japanese economy, which is transforming from an economic superpower into a poor country, and how to revive it.

Author’s Information

Born in Tokyo in 1940. Graduated from the Faculty of Engineering, University of Tokyo in 1963. Joined the Ministry of Finance in 1964. In 1972, earned a Ph.D. (Ph.D. in Economics) from Yale University. He has served as a professor at Hitotsubashi University, a professor at the University of Tokyo (Director of the Center for Advanced Economic Engineering Research), a visiting professor at Stanford University, and a professor at Waseda University's Graduate School of Finance. Professor emeritus at Hitotsubashi University. Majoring in Japanese economic theory. His recent publications include ``The day Japan falls out of developed countries'' (President Publishing, Okakura Tenshin Award), ``How can Japanese wages rise?'' (Nikkei Premier Series), ``Japan in 2040'' (Gentosha Shinsho), and ``Super "Super" Study Method" (President Publishing), "Responsibility of the Bank of Japan" (PHP Shinsho), and many others.