Overconcentration of economic activity in Tokyo, long regarded as an unhealthy imbalance, has started to show signs of change, largely in response to COVID-19 contagion fears and broader adoption of teleworking. It is important for the government to seize, not squander, this opportunity by mounting a strong policy push to geographically rebalance the economy. Prospective benefits of such rebalancing include revitalization of regional economies through greater utilization of their local resources.

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About the Author

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  Takahide Kiuchi

  Executive Economist

  Financial Technology Solution Division