BoJ’s Shirai examines link between demographics and monetary policy


A member of the Bank of Japan's (BoJ) policy board, Sayuri Shirai, today (November 29) described the travails of the Japanese economy and called on businesses to innovate as an important element of the recovery.

Addressing a meeting of business leaders in Kumamoto, Shirai said Japan "has become the furthest progressed ageing society globally". This, she said, was compounding the effects of crisis after crisis – the Asian financial crisis in the 1990s, the dotcom bubble, the global financial

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