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Davos Annual Meeting 2003 - The Japanese Economy (Highlights)

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Uploaded by on Sep 18, 2007

http://www.weforum.org/ 25.01.2003
Putting the Japanese Economy Back on Track
The recommendations of "Blueprint for Japan," a paper prepared by a group of young Japanese leaders in collaboration with the World Economic Forum, is discussed with a key Japanese policy-maker:
Heizo Takenaka, Minister for Economic and Fiscal Policy and for Financial Services, Japan
Challenger
Joichi Ito, President and Chief Executive Officer, Neoteny, Japan; Global Leader for Tomorrow 2002
Chaired by
Michael E. Porter, Bishop William Lawrence Professor, Harvard Business School, USA

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  • @shanulk2 deflation from technological innovations is good. Deflation because of lower economic trust between everyone in society is a bad thing.

  • yes but will people buy more, as the whole value chain is effected by low prices and therefore sales and employees will also be efeteced, but then again, no one can really predict the effect

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