World Japan’s Yo-Yoing Economy Shrinks as Virus Spreads and Vaccinations Lag May 17, 2021May 17, 2021Ben Dooley and Makiko InoueComments Off on Japan’s Yo-Yoing Economy Shrinks as Virus Spreads and Vaccinations Lag The country has experienced cycles of growth and contraction in domestic consumption as the pandemic has waxed and waned.