Thorbecke, Willem - In: Economies : open access journal 12 (2024) 6, pp. 1-11
Japan exports sophisticated capital goods. Since the Global Financial Crisis (GFC), Japanese companies have offshored … that a weaker yen no longer stimulates machinery exports much because an increase in Japanese exports increases parts and … Japanese machinery exports to Asia but continues to stimulate exports outside of Asia. Thus, the weaker yen since 2020 does not …