ABSTRACT
Since 1987, economic growth in Japan has been domestically generated and this growth is continuing steadily. This in itself marks an important change as in the previous forty years or so the economy was driven mainly by the export sector. During the 1980s Japan’s current account surplus rose dramatically, as indicated in Table 7.1. Japan's balance of payments (US$: billion) https://www.niso.org/standards/z39-96/ns/oasis-exchange/table">
Trade balance
Current account
Long-term capital
1980
2.1
−10.7
2.3
1981
19.9
4.7
−9.6
1982
18.0
6.8
−14.9
1983
31.4
20.7
−17.7
1984
44.2
35.0
−49.6
1985
55.9
49.1
−64.5
1986
92.8
85.8
−131.4
1987
96.3
87.0
−136.5
1988
95.0
79.6
−130.9
