William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Global tremors mean Japan cannot rely now on currency competitiveness


Fumio Kishida speaks at the NYSE on Sept. 22: The Japanese prime minister is getting on the weak-yen train. © AP
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."