The Japanification of the world
For decades, Japan has experienced low growth, low inflation, and low interest rates, largely driven by an ageing population – a phenomenon termed “Japanification”. While faster growth has remained elusive despite heavy stimuli, Japan has made headway in terms of labour productivity and technical innovation.
| Date | 03 Nov 2020 |
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| Host | Swiss Re Institute |
| Location | Online Click to open Google Maps |
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Agenda of episode 4
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Date |
Tuesday, 3 November 2020 |
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Speakers |
Yumiko Murakami, Head of OECD Tokyo Centre |
For decades, Japan has experienced low growth, low inflation, and low interest rates, largely driven by an ageing population – a phenomenon termed “Japanification”. While faster growth has remained elusive despite heavy stimuli, Japan has made headway in terms of labour productivity and technical innovation. The Japanese experience holds important lessons for other countries and regions – Europe first among them.
What has led to the effects of Japanification? How has Japan addressed the challenge so far? And what can Europe and Switzerland learn from the experience?
In the final episode, Yumiko Murakami, Head of the OECD Tokyo Centre, joined remotely for a conversation with Jeffrey Bohn, Chief Research & Innovation Officer at Swiss Re Institute.
“The Ageing Effect” is a four-part series by Swiss Re Institute and Asia Society Switzerland explored the effects of demographic change on Asia and the World.
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Yumiko Murakami
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