Though many worry over the government's deficits and
deflation in recent decades, Japan's economy seems to be
progressing better than the world perceives.
Japan's economy has slowly regained its spot as one of the
world's most attractive investment destinations.
"Since the late 1990s, the growth in Japan's real GDP
per head has outperformed every other major economy. And unlike
other major economies, income inequality in Japan has not
increased, remaining amongst the lowest in the developed
world." Dhaval Joshi of BCA Research stated in a Financial
Times news report.
Here's a breakdown of Japan's economic development and
outlook.
Japan's GDP continues its recovery trend
As of 31 March 2018, the country registered a drop of 0.2% in
its 2018 first quarter GDP, marking the first drop in two years and
three months after a record of eight straight quarters of GDP
growth.
