ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan spends just fraction of US and Europe on post-COVID economy

Tokyo's short-term budgeting goes small on climate change and development

Analysts warn that Japan risks becoming less competitive with its timid budgeting for climate change and new technologies.   © Reuters

TOKYO -- As the U.S. and Europe ready robust spending plans to transform their economies in the wake of the coronavirus pandemic, Japan is instead taking a far more modest approach that lacks a blueprint for the future, an approach that possibly threatens its global competitiveness.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more