Magazine
Latest Issue

Economics and investment: Japan enters a new era

The country was once synonymous with stagnation but today it is in a better place

By Duncan Weldon   July 2019

Crowds gather to celebrate the ascension of Natsuki Sakai/AFLO/Press Association Images

At the end of April, Japanese Emperor Akihito stepped down. Emperor Naruhito’s ascension marks the beginning of a new era; the question for investors is whether the new Reiwa era will bring any more joy than the turbulent Heisei era that preceded it. 

In the decades after the Second World War, Japanese growth was rapid. By the time Emperor Akihito came to the throne in the late 1980s, many were predicting the Japanese model would surpass that of the…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect