History Casts Doubt on Bold Japan Economic Reform

If past is precedent, optimists hoping Japanese Prime Minister Shinzo Abe will defy vested interests to take bold action to open the country to more competition as a way to spur growth could well be in for disappointment.

Japan’s list of reports urging reforms date back almost three decades and have rarely led to the bold action that critics say is needed to dig the economy out of stagnation.

Abe, who got a rare second chance at Japan’s top job after his Liberal Democratic … [Read More]

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Source: VOA News: War and Conflict


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