Top policy-makers debate Japan’s challenging road to recovery

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Japan is facing a number of challenges in achieving a sustained economic recovery, including spillovers from the eurozone crisis, demographic change and high levels of government debt, according to senior policy-makers speaking at events linked to the IMF/World Bank Group annual meetings in Tokyo this week.

Ryuzo Miyao and Sayuri Shirai, two members of the Bank of Japan's (BoJ) policy board, in separate speeches emphasised the impact of a slowdown in exports due to the eurozone crisis. Both BoJ

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