Japan faces unforeseen risks in guiding economic policy as its population of about 126 million ages and declines, Bank of Japan Gov. Haruhiko Kuroda told fellow financial leaders, saying that policies must be devised to prevent the shrinking population from hindering economic growth.
Japan’s population began shrinking several years ago and is rapidly aging. That has discouraged companies from investing and hiring within Japan, while they direct their efforts toward faster growing overseen markets.
No comments:
Post a Comment