Economic prospects for Japan: Moving to a new trajectory

Japan’s long-term economic prospects are good. One reason for optimism is that the economy is shifting its trajectory from the arc of the last 75 years. This is not to say that Japan has not changed before; it has always been evolving, despite the view of some observers that the shifting images are merely a mirage hiding a static reality. Nevertheless, there are many additional elements being stirred in the twenty-first century.