What does Japan鈥檚 rice crisis say about its economy?
Japan has a rice shortage as extreme weather, policy legacies and panic buying drive up prices, raising concerns over food security, import dependence, and economic vulnerability
A domestic rice shortage in Japan has caused supermarket shelves to empty and prices to double. Rice is more than a staple food in Japan鈥攊t carries deep cultural, historical and even spiritual significance.
The rice crisis highlights broader weaknesses in Japan鈥檚 economy. Japan imports over half of its food and has experienced persistent inflation. The country鈥檚 economic resilience is being tested by supply chain pressures, demographic shifts, and increased trade tensions.
Efforts to address the shortage have focused on auctioning rice reserves, but underlying economic challenges persist.
Contributors:
鈥� Yi-Chun Ko, Professor, Asian Growth Research Institute, Fukuoka, Japan
鈥� Emiko Ohnuki-Tierney, William F. Vilas Research Professor, University of Wisconsin鈥揗adison, US
鈥� Stefan Angrick, Senior Economist, Moody鈥檚 Analytics, Tokyo, Japan
鈥� Norihiro Yamaguchi, Lead Economist, Oxford Economics, Tokyo, Japan
Presenter: Charmaine Cozier
Producer: Louise Clarke
Researcher: Katie Morgan
Editor: Tara McDermott
Technical producer: Richard Hannaford
Production Management Assistant: Liam Morrey
Photo was supplied by Yukari Sakamoto, author of Food Sake Tokyo
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