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Why Japan has lost the tag of the world’s third largest economy

IndiaTimes Thursday, 15 February 2024
Japan falls to fourth place behind Germany. India projected to surpass both nations. Japan's GDP falls short of Germany's. Decline in yen due to negative interest rates. Germany faces obstacles. Japan's economy contracts, faces labour shortages, and experiences technical recession. India to surpass Japan and Germany in output.
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News video: Japan's Economy Slips, Loses Third Spot in World Rankings Amid Recession| Oneindia News

Japan's Economy Slips, Loses Third Spot in World Rankings Amid Recession| Oneindia News 03:02

 Japan falls to the fourth-largest economy, yielding to Germany, as it plunges into recession due to a weak yen and ageing population. Structural reforms are urged by Yoshitaka Shindo to spur growth. Japan's economic woes signal the need for urgent action to address demographic challenges and regain...

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