Why Japan's Economy is Finally Growing Again

For the last 30 years Japan has been a stagnant economy. It has seen no real growth for 3 decades and has become the worlds most indebted country. But things look like they could be changing.

Follow us on other platforms

[海原宗太郎]

Japan has not experienced economic growth for 30 years, but as a country, it has grown for those 30 years.
The number of homeless people has decreased, the number of suicides has also decreased, and now the annual working hours are shorter than in the United States.
In the past, Japan was ridiculed as an economic animal, but now it is an attractive country rich in traditional and pop culture, and many tourists visit.
As a nation, Japan has matured.
The quality of life is high, with clean streets, cheap and delicious dining out, polite and high-quality service, good public safety, and extensive medical care, and there is also a well-developed infrastructure for daily life, such as convenience stores and trains.
Overseas, abnormal inflation makes it difficult to buy a decent house or eat out, and 50% of Americans in their 20s have to work second jobs and work long hours because they are struggling to make ends meet.
I hope the world will become a better place.

[tonycatman]

Economic growth in a free market is the only thing we know of that gets countries out of poverty.

Once your people have escaped poverty, economic growth has done its job.

Then it is time to use other metrics - such as crime levels, happiness, healthy life expectancy, the plight of the most vulnerable etc.

We need more governments to recognize this.

[isbestlizard]

$20 billion in todays money? That's not very much tbh. USA gives $20 billion out in weapons like, every few months

[めちゃかわ]

I am Japanese. Thank you for making good videos reflecting on the current situation in Japan. All I have to say is the deflation is the worst scenerio, in terms of economy. We never want to go back to lost 30 years, deflation. 😂

[Dangic]

You left out the most important point in the collapse of the Japan economy:
The Plaza Accord 1985.
That was Day Zero.

[charliestips]

Current Devaluation of the Yen will likely to continue to boost growth for Japanese firms. Makes investment more attractive and exports cheaper for buyers. Although hope it doesn't keep dropping

[YUTAB-ckrp]

The issue with Japan just like all other countries is that the growth in GDP doesn’t necessarily mean good economy for the people…. In almost every country with supposedly growing economy, why is everyone suffering except the wealthy keep getting wealthier…?

[pacmanqwerty]

Hey, loving the work! Can you do an episode on Sweden’s economic handling of COVID, I think it’s really interesting.

[Zebadee]

This video was the history of Japan's postwar growth period, irrelevant to the title. So why is Japan's economy growing again? Please make a video about this.

[LeonidJP]

I'm Russian teen. I was checking exchange rate Ruble to yen to understand how many i need to move to Japan, and then, just for interest I've checked dollar to yen... From 2021 till today Japan grows

[robertewalt]

Japan’s growth was sheparded by government guidance, mostly by Ministry of Trade and Industry.

[ItsDioYourbestGirl]

The things people don't talk about is when the Japanese companies started to get bigger then the Americans. They put a stop to it ( I mean they threw tariffs and stuff like that) and they are trying to the the same to China right now. But China already know.

[SDZ]

Japan still has a problem with its birth rate decline. Countries like the US also suffer this, but patches it up with immigration. East Asian countries like Japan, South Korea, and China have fairly strict immigration policies, so they're getting impacted alot more.

[systemBuilder]

The USA needs a strong, healthy ally in asia - Japan. I grew up in the 1970s and 1980s and have very fond memories of japanese products which made life better at affordable prices ...

[nemosidebiz]

Just something I noticed: the image at 9:05 is Chinese stock market display, not Japanese. (the characters are different). Anyway, thank you for making such an inspiring video about our country.

[fotonapapa]

The video doesn't mention any concrete examples of Japanese innovation necessitated by its aging population. It's purely theoretical that Japan can innovate itself out of stagnation, it's hopeful thinking at best.

[republicofhandball]

Few knows that Japan was close to be invaded by the Soviet Union at the end of the WW2, but the total capitulation to USA made it impossible. Stalin was so frustrated with the quick surrender of Japan, eventually he ordered the capture of just the Kuril Islands. It's not that Soviet Union would have grabbed more lands of Japan, it was rather that the Soviets were desperate to divide Japan, like they did with Korea, Vietnam or Germany.

[Lords]

Great video. Very informative and entertaining. Thank you!

[markaven]

Those houses also last like 30-40 years by the way, you'd be better off buying and fixing up a traditional japanese home, or a condo.

[Juliesotimi]

Japanese youth is fleeing the country. There's a paradox when some Japanese universities are hard to get admitted, and rank high in THE ranking, but after graduating from those universities, Japanese talents don't have much chance to devote their talent for a winning business. In all fields from high tech to middle and lower end, japanese companies are losing out to China, South Korea, Taiwan. Japanese brands are just disappearing. 20 years ago we still saw NEC, SHARP, TOSHIBA ... but now? What is a good japanese brand? Even Toyota is under much skepticism for being late to the electric car race (toyota thinks that electric cars can't sell well but the fact is all developed countries are building infrastructure for electric cars and may ban combustible engined cars in big cities)