broken image

The Business of Age

  • Home
  • Numbers
  • Voices
  • Research
  • Ageism
  • Markets
  • Consumers
  • News
  • Tactics
  • Stories

Great Expectations

Financial Times

The Secret of (China) Avoiding Japanification apparently

Robin Wigglesworth


"Japanification is typically viewed as an economic situation where deteriorating demographics cause structurally low growth, inflation, and interest rates. The most intuitive channel is via declines in labor input. However, despite facing this challenge, Japan’s economy still grew modestly during the last decade (except for the pandemic period). ..

By contrast, the expectations channel — namely, the downward pressure of demographics on long-term growth expectations among businesses and households — was likely more important."

 

Previous
Newsletter #128 Why delay a first child?
Next
Newsletter #129 The "Child Penalty" and the "Demographic...
 Return to site
Cookie Use
We use cookies to improve browsing experience, security, and data collection. By accepting, you agree to the use of cookies for advertising and analytics. You can change your cookie settings at any time. Learn More
Accept all
Settings
Decline All
Cookie Settings
Necessary Cookies
These cookies enable core functionality such as security, network management, and accessibility. These cookies can’t be switched off.
Analytics Cookies
These cookies help us better understand how visitors interact with our website and help us discover errors.
Preferences Cookies
These cookies allow the website to remember choices you've made to provide enhanced functionality and personalization.
Save