Don’t See Possibility of BOJ Reaching 2% Inflation Target, Say Professor Shirai

The video discusses Japan's struggle to achieve a 2% inflation target due to structural issues like weak demand and an aging population. It examines the Bank of Japan's limited policy options and the mixed results of Abenomics, highlighting economic growth and employment challenges. The video also addresses Japan's pension system, emphasizing the need for reform due to demographic changes and the inadequacy of the current pay-as-you-go system.

What are the structural reasons behind Japan's low inflation?

In what ways might the Bank of Japan need to change its approach to achieve its inflation target?

What are the differing perspectives of the ruling and opposition parties regarding Abenomics?

How does the aging population affect Japan's pension system?

What potential solutions are suggested for Japan's pension system issues?