Yokohama and Mount Fuji: “Given its demography, Japan would do well to attain growth of 1-1.5 per cent a year. The country will be unable to combine economic dynamism with fiscal consolidation without a rise in consumption’s share in GDP.” Photograph: Getty Images

The predominant concern of Shinzo Abe, Japan’s prime minister, is with the decline of his country’s economy relative to China’s. This explains “Abenom(...)

Bank of Japan governor Haruhiko Kuroda has launched a monetary policy revolution. He has ended two decades of caution, during which the bank declared itself helpless to end deflation.

Haruhiko Kuroda, the new governor of the Bank of Japan, has launched a monetary policy revolution. He has ended two decades of caution, during (...)