Global Economic Outlook 2019: Japan—Slow but Steady Growth Masks Serious Recession Risks
![](/images/pubs_covers/TCB-Japan-Global Economic Outlook cover.jpg)
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Publication Date:
January 08, 2019
Japan’s growth rate is slower than average for a mature economy, partly due to a severe demographic challenge: an aging and shrinking population. Nevertheless, our overall medium- to long-term outlook for Japan is somewhat more positive, primarily because the country has the potential to generate productivity growth and its labor quality is improving.
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