economy Will Japan Never See Another Toyota or Sony? Data Reveals the Crucial Difference Between the “High Economic Growth Era” and “Today”
Why aren’t global companies like Toyota and Sony emerging from Japan today? By comparing the period of rapid economic growth with the present day, this article explains three decisive differences revealed by the data: “a shift in the nature of the ‘hungry spirit,’” “a reversal in demographic structure,” and “systemic fatigue in the education system.” We explore clues for breaking through the stagnation of the Japanese economy.