Yoshimori, MasaakiGreen, Russell A.2016-10-172016-10-17Yoshimori, Masaaki and Green, Russell A.. "What Happened to “Japan as Number One”?." <i>Issue Brief,</i> no. 08.26.16 (2016) James A. Baker III Institute for Public Policy: <a href="http://www.bakerinstitute.org/research/what-happened-japan-1/">http://www.bakerinstitute.org/research/what-happened-japan-1/</a>.https://hdl.handle.net/1911/91910Japan'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.eng