SO I SAY, WELCOME, TO THE BOOMTOWN :

Japan recovers from recession (Charles Scanlon, 30 August, 2002, BBC)

The Japanese economy has recovered from one of its worst recessions but it remains heavily dependent on growth in the United States.

The latest figures show gross domestic product was up by 0.5% in the three months to June.

Is it really a recovery when the growth number is the size of an accounting error? Here's the important thing to keep in mind: there's not a single factor that would lead one to believe that the Japanese economy will recover, ever. Posted by Orrin Judd at August 30, 2002 9:03 AM