The Economist (November 19)The Economist (November 19)
2011/ 11/ 21 by jd in Global News
Japan’s lost decades are not so bad when seen in light of a decreasing population. “In aggregate, Japan’s economy grew at half the pace of America’s between 2001 and 2010. Yet if judged by growth in GDP per person over the same period, then Japan has outperformed America and the euro zone.”
Japan’s lost decades are not so bad when seen in light of a decreasing population. “In aggregate, Japan’s economy grew at half the pace of America’s between 2001 and 2010. Yet if judged by growth in GDP per person over the same period, then Japan has outperformed America and the euro zone.”
Tags: GDP, Growth, Japan, Lost decades, Population, U.S.