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Economic Recovery and New Policy Issues.

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| May 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Sasaki Takeshi

An increasing number of people argue that the Japanese economy is on the road to recovery. In particular, real economic growth for the fourth quarter of 2003 (October-December) reached a surprising annualized 7% increase over the previous period, the highest increase since the bubble economy. People have often pointed out that this figure is not reflected in their daily lives, and one reason given for this is that the figure for the real growth rate is "forced upward" by statistical factors. In other words, due to a fall in commodity prices, the growth rate is significantly ...

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