Re:Japan Starts to Recharge After Two Lost Economic Decades
by pyre on Monday May 20, 2013 @02:26AM
(#5736207)
| very low immigration levels
It doesn't help that (politically at least), Japan treats immigrants/foreign workers with distrust (even though the terrorist attacks that have happened in Japan were by Japanese nationals).
Re:Japan Starts to Recharge After Two Lost Economic Decades
by w1ntermute on Monday May 20, 2013 @10:20AM
(#5737806)
Abe's strategy does not end with quantitative easing. The whole idea is to use it to gain legitimacy in the short term that he can then leverage to force through structural reforms.
Japan's economy has got a nice jump-start due to the unprecedent monetary stimulus. But, as others have commented, there are also issues are energy prices and the negative effects of inflation. Japan still remains an expensive place to do business. I wonder where the economic growth will come from without further reforms.