Global finance: does Japan new emperor bring good future to the nation's economy

Japan's new Emperor Naruhito has formally taken up his post. Although he has no actual legislative power over the people, for many Japanese, he is expected to bring a positive impact on future Japan economy. Ivan invited Dr. Wei Li from the University of Sydney Business School to explain what Naruhito can bring to the table of Japan economical future.

New Japanese Emperor Naruhito delivers his first speech after ascending the throne during the enthronement ceremony at the Imperial Palace. Source: Getty Images