Japan Will Eventually Reach 2% Inflation, Economist Okubo Says

The video discusses Japan's economic challenges, focusing on inflation, structural reforms, and monetary policy. It highlights the slow inflation growth despite aggressive monetary easing by the BOJ and the need for structural reforms to boost competitiveness. The BOJ's focus on the yield curve as an exit strategy from quantitative easing is examined, along with Japan's trade balance and competitiveness in manufacturing.

In what ways has Japan's trade balance changed following the tsunami?

What challenges does Japan face in maintaining its competitiveness in manufacturing?

How might Japan's economy benefit from a shift towards service industries?