In a concerted effort to increase foreign direct investment in Japan, on May 20 2008, the Expert Committee on FDI Promotion, an advisory group to the Minister of State on Economic and Fiscal Policy, presented five recommendations to the Council on Economic and Fiscal Policy. Given that the ratio of Japanese inbound direct investment to GDP, according to the Expert Committee, was only 2.5% in 2006, the lowest of the world's leading economies, shining the spotlight on Japan's need to expand investment is especially pertinent.
June 30 2008