Japan remains the world’s third-largest economy, but its political clout has not matched its economic status. At the same time, China’s rapid militarization and growing political aspirations, North Korea’s nuclear ambitions, and heightening economic rivalries and growing nationalism in East Asia are reshaping the landscape of the Asia-Pacific. Japan’s security and economic policy choices will play a key role in shaping the future of the world’s most populous region. What is Japan’s likely trajectory? How will it impact the region? And what are the implications for the United States? To address these questions, we feature Shihoko Goto, a fellow of the Mansfield Foundation/Japan Foundation U.S.-Japan Network for the Future. Prior to joining the Wilson Center, she spent over ten years as a journalist writing about the international political economy with an emphasis on Asian markets. She is a former correspondent for Dow Jones News Service and United Press International based in Tokyo and Washington.