Japan

The ability to invest in renewable energy assets in Japan—and thus to contribute to the country’s energy transition—also presents a significant opportunity for long-term capital from around the globe

“New Japanese leadership, combined with the outcome of the US presidential election, could be a game changer for geopolitics in Northeast Asia,” Miyeon Oh says.

Japan is often a misleading example for those who downplay the problems of debt. Tokyo has run budget deficits throughout the past three decades, creating one of the world’s highest public debt to GDP ratios, without any adverse effect on inflation and interest rates. But this comes at the cost of high savings by the household and corporate sectors, which has hampered Japanese growth.