By Lorenzo Duca

According to Nakamura, the economical fall is mainly caused by the tendency of Japan to “close the door” to foreign investors, standing in a more conservative position and pushing on domestic firms’ promotion. Furthermore, this problem has caused the loss of a dominant part of Japan’s soft power in a domino effect retrospective. Thus, Japan is now facing the big question of being competitive on a scenario where many countries cooperated in order to improve their economy.
This is what the author calls “global mindset”, that is the ability of certain countries to invest or to put their thinking cap on international markets and problems in order to carry on head-on measures to surf the wave of globalization. According to Nakamura, the fact that Japan had lost the opportunity to take advantage of the globalization has caused an economic stagnation, causing uncertainty in a future growth perspective.