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Economy

Consumption, productivity key to Japan's economy: experts

Panelists discuss economic issues at Nikkei-JCER forum

The Nikkei-JCER economic forum in Nagoya featured panelists (from left) Naoko Kuga, Toshikazu Koike, Shinichi Uchida and Jun Saito.

NAGOYA -- Strong overseas demand is driving an economic recovery, but Japan needs to stimulate domestic consumption and boost productivity to sustain growth, participants of an economic panel discussion here agreed on Thursday.

The event's panelists included Naoko Kuga, chief researcher at the NLI Research Institute; Toshikazu Koike, president of Japan's Brother Industries; Shinichi Uchida, head of the Bank of Japan's Nagoya branch; and Jun Saito, senior research fellow at the Japan Center for Economic Research. The discussion, organized jointly by Nikkei Inc. and the JCER, was moderated by Hiroshi Yamazaki, a Nikkei deputy managing editor.

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