What Happened to “Japan as Number One”?
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Japan's once-booming economy has been somnolent, mainly as a result of deflation and decreased productivity. This issue brief discusses Abenomics — the country's strategy for achieving economic growth — and the headwinds created by the demographic forces of aging in Japan.
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Yoshimori, Masaaki and Green, Russell A.. "What Happened to “Japan as Number One”?." Issue Brief, no. 08.26.16 (2016) James A. Baker III Institute for Public Policy: http://www.bakerinstitute.org/research/what-happened-japan-1/.