BEIJING -- Japan is about to fall behind Taiwan and South Korea in terms of economic output per person, forecasts show, as the yen's plunge against the dollar accelerates a reversal driven by a productivity gap.
South Korea to pull ahead in 2023 as weak yen compounds low productivity
Taiwan's per capita gross domestic product is projected to grow 6.2% a year on average this decade. © Reuters
BEIJING -- Japan is about to fall behind Taiwan and South Korea in terms of economic output per person, forecasts show, as the yen's plunge against the dollar accelerates a reversal driven by a productivity gap.