Japan's Aging Population and Banking Practices Cause Prolonged Economic Slump
Japan has been stuck in a long-lasting economic slump since the 1990s due to structural issues, not just a temporary problem. The main reasons are an aging population, money distribution between governments, and banks being cautious about lending to small businesses. The situation in Japan could be a warning for other countries, like China, facing similar challenges. The study suggests ways to kickstart Japan's economy again.