Japan's economy will grow on eco-consumption, immigration (The Japan Times)

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Between fiscal 1991 — when the economic bubble burst — and fiscal 2008, Japan's gross domestic product all but stopped growing, rising a mere 1 percent per year on average. Negative growth was avoided simply because of deflation, as the nominal growth rate averaged only 0.4 percent. By contrast, during the period of high economic growth from July 1958 to October 1973, the economy expanded at an ...

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