TOE Alert: How does Japan's Growth Stack up in International Comparisons, Part 1

posted by Richard Katz on September 29, 2015

Found in Japan, categorized in Macro

Tags: Richard Katz Japan economy

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If the number of workers grew at the same rate as the entire population—and thus the ratio of workers per capita remained the same—then a growth rate of, say, 1% in GDP per worker would translate into 1% growth in GDP per capita.


Some economists claim that except for aging, Japan does not really have a problem with growth in GDP or productivity. And in this report Richard argues why that statement is incorrect.


About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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