日本经济复苏能否顺利闯关

Is a Breakthrough Possible in Japan’s Revitalization of its Economy

20世纪90年代被认为是日本经济失去的10年,泡沫破灭后,经济陷入了长期萧条。期间虽有过几次不同程度的反弹,但始终未能走出低谷,驶入健康发展的轨道。2003年年初以来,由于对外出口的增加和国内居民消费与企业投资的增长,日本经济又一次显出复苏迹象。然而,就当前形势看,妨碍经济复苏的不确定因素依然很多。经济的双重结构、巨额不良债权和日元汇率的不稳定仍是日本经济保持持续增长的拦路虎,日本经济若要保持持续的、全面的、健康的增长就必须跨过这三大关。

The 1990s has been regarded by many as a lost decade for the economy of Japan, during which period the economy of the country plunged into a long-term slump after the collapse of the bubble economy. Despite the few times of rebounding, the economy has virtually never got out of its all-time low. Since the beginning of the year 2003, the economy of Japan started to show signs of revitalization as a result of the increase of export and of social consumption and business investment. However, judging from the present situation, there are still quite a number of factors that hinder the revitalization of the country’s economy, such as the economy’s dualistic structure, the huge quantities of bad debts and the instability of the interest rate of the Japanese Yen. These three major barriers must be broken through in order for the country’s economy to keep growing in a sustained, all-round and healthy way.