Japan's Economy Slips, Loses Third Spot in World Rankings Amid Recession| Oneindia News

Video Credit: Oneindia
Published on February 15, 2024 - Duration: 03:02s

Japan's Economy Slips, Loses Third Spot in World Rankings Amid Recession| Oneindia News

Japan falls to the fourth-largest economy, yielding to Germany, as it plunges into recession due to a weak yen and ageing population.

Structural reforms are urged by Yoshitaka Shindo to spur growth.

Japan's economic woes signal the need for urgent action to address demographic challenges and regain competitiveness.

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