The Future of Japan: Reigniting productivity and growth
This report analyzes Japan's economic stagnation and proposes productivity improvements as a solution for growth.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | executive summary |
| Language: | English |
| Publisher: | McKinsey |
| Publication date: | March 1, 2015 |
| Authors: | Asta Fjeldsted, Asta Fjeldsten, Georges Desvaux, Goerges Desvau, Jaana Remes, James Manyika, Jonathan Woetzel, Michael Chui, Richard Dobbs, Salvado Guzman-Herrera, Salvador Guzman-Herrera, Susan Lund, Tasuku Kuwabara |
| Time horizon: | 2025 |
| Geographic focus: | Japan |
| Page count: | 140 |
Methods
The research method involved analyzing macroeconomic data, comparing industry trends, and evaluating the potential impact of adopting global best practices and next-generation technologies on Japan's productivity and growth.
(Generated with the help of GPT-4)
Key Insights
The McKinsey Global Institute report examines Japan's economic challenges, including a shrinking workforce and stagnant productivity, and suggests a “fourth arrow” of reforms focused on private-sector initiative to complement the government's existing strategies for economic revitalization.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2015 publication year | 2020s time horizon | 2025 time horizon | English publication language | Japan geographic scope | advanced manufacturing | demographics | economic policy | global trade | growth | innovation | japan geographic scope | labor markets | private sector | productivity | technology | urbanization