Looks like things are picking up for Japan's economy which showed a 3.7 percent growth at an annual pace in the second quarter, a sign that exports were gradually picking up after the nation's worst recession since the end of World War II.

However, economists are saying that the recovery could run out of steam and the lift in spending from ecological incentives aren't expected to last for long.

But for a country that is export-dependent, this growth marks a slow but sure emergence from its decade-long stagnation.

Source: MSNBC