Steady growth and a renewed corporate dynamism are powering Japan's economy and boosting its stock market," international investment bank Morgan Stanley reported in 2024, noting that the Asian champion is seeing its best period of nominal economic growth since the 1990s. Combined monetary, fiscal, trade, and industrial policy are lifting economic productivity and enhancing sustainability, Morgan Stanley said.
The bank sees the technology sector as one of the best-placed to benefit from the new wave of growth. Japan's highly-developed digital infrastructure provides the backbone for what is the worldâs fourth-largest e-commerce sector, according to the UN International Trade Administration. The ITA reports that the covid-19 pandemic saw Japanese e-commerce sales rise by nearly a third between 2020 and 2021 alone, and identifies the sector as one of the most promising for investors.
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