As robust economic expansion continues worldwide, emerging economic powers like the BRICS (Brazil, Russia, India and China) and other Asian countries are riding a wave of globalization to achieve rapid growth.
At the same time, advanced nations such as the United States have introduced bold tax reforms, deregulatory measures and policies to promote innovation as they drive global growth. Britain and Australia, which are both structurally reforming their economies, have enjoyed more than 15 consecutive years of growth.
This proves that globalization gives many kinds of countries a chance to grow. In January, the Keidanren adopted a new policy vision: "Land of Hope, Japan." This vision calls for accelerating structural reforms and steering the Japanese economy in a new direction by taking advantage of the dynamism of burgeoning world economies.
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