3 Reasons, Why Japan”s Economy is Falling | The Karan Chronicles #shorts

3 Reasons, Why Japan”s Economy is Falling | The Karan Chronicles #shorts

have officially overtaken Japan to become the world’s fourth largest economy, a 4 trillion economic giant. For context, just 15 years ago, Japan’s economy was nearly $6 trillion US. It was the envy of the world. But today, it has shrunk to around $4.18 trillion, plagued by an aging population, low productivity, and decades of deflation. India meanwhile has doubled its nominal GDP in just a decade surging from the fifth to the fourth largest economy.

India has just passed a massive milestone. We have officially overtaken Japan to become the world’s fourth-largest economy—a $4 trillion economic giant. That’s right. India now ranks behind only the US, China, and Germany, according to IMF data cited by NITI Aayog CEO BVR Subrahmanyam. It’s a big moment. But what does it really mean? Let’s break it down.

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