Ex-World Bank boss sees 'risks' for the Japanese economy


In recent months, Japanese policymakers have unveiled a series of aggressive measures in an attempt to revive growth in the world's third-largest economy.

The steps, which include a move by the Japan's central bank to double the country's money supply, have helped weaken the yen and triggered a stock market rally.

However, Robert Zoelick, former head of the World Bank has warned that Japanese economy faces risks unless Tokyo undertakes major structural reforms.

He told the BBC's Sharanjit Leyl that bringing more women into the workforce could boost output by as much as 9%.

Visit the BBC World News Asia Business Report website for more reports from the programme.

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