BoJ’s Morimoto says productivity improvements needed to promote growth


Bank of Japan (BoJ) policy board member Yoshihisa Morimoto says improvements in labour market productivity are central to achieving economic growth in Japan.

Morimoto said in a speech released in English on April 30 that the demand-side challenges faced by the Japanese economy were being met by expansionary monetary policy, but this could only do so much. "The key to enhancing the growth potential of Japan's economy lies in improving labour productivity in service industries by, for example

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: