And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru Ishiba itjumped because Shigeru Ishiba supported the independence of the central bank, as opposed to his oppositio
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