Toward a sustainable development of the Kansai economy – on the occasion of Expo 2025 Osaka-Kansai
Yoshihisa INADA, Director of Research & Director of Center for Quantitative Economic Analysis, Asia Pacific Institute of Research (APIR)
We analyze the reasons why the 1970 Japan World Expo failed to induce economic growth in the Kansai region. Based on the results of our analysis, we develop a strategy aimed at reversing the prolonged stagnation of the region by taking advantage of the Expo 2025 Osaka-Kansai. Specifically, we hold discussions with the economic community and the government in order to devise new tactics for attracting investments and human resources to potential growth industries in the Kansai region.