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Japan’s Radical Pursuit of Revival

Nov. 9, 2017 The “Abenomics” experiment remains inconclusive, both at home and abroad.

Summary

Japan is positioned to become East Asia’s foremost economic and military power in the coming decades, but it's traveling a bumpy road to get there. Growing strategic challenges in its backyard related to China’s rise give it little choice but to push for a dominant role in the region, and it has the underlying fundamentals needed to do so. Yet at the same time, it is locked in a decades-long economic slump and is contending with a worsening demographic crisis – factors that could hinder its rise as a regional leader. And it is on...

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