Growth: Capita Performance and Gdp Growth

growth: By and large, Japan in 2019 feels relatively stable when compared to other advanced economies, according to The Japan Times. A decade from now, I would not be surprised if it continues to show the highest real inflation-adjusted per capita gross domestic product growth rate in the Group of Seven. ; True, Japan's annual GDP growth has averaged just 1.1 percent so far this decade; but its declining population and shrinking workforce is already translating into stronger per capita performance. Prior to this trip, I had been visiting the country regularly since 1988, so it was helpful to see things from a slightly more detached perspective. In fact, given the country's demographic challenges, it might well be outperforming its long-term growth potential. That has been obvious for at least 20 years now. Moreover, the Japanese government has begun to publicize its efforts to attract certain foreign-born workers, having finally recognized that immigration will be necessary for future growth. (news.financializer.com). As reported in the news.