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Disasters challenge plans to reinvent Japan Inc

6 Comments
By Kelly Olsen

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it will need bold leadership from more outward-looking politicians.

Exactly. Who?

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“Right now, there is the opportunity to plant the seeds of a better tomorrow,” he said. The OECD also called for Japan to increase participation in regional free trade agreements and hike its sales tax.

What the hell would raising taxes do? This is the most stupidest statement I have heard in a long time.

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Japan in the near term needs to consolidate and strengthen their position as #3 economy in the world economy. The Clinton Administration in the 1990's have created the present situation in the Asia Pacific, especially providing the means and tools for the PRC to strive for Great Power status. The IMF has come out w/ a forecast of the PRC overtaking the US economy as early as 2016 (using their specific criteria). The ascension of the PRC is clearly a defining development in the 21st Century. Japan would be best served adapting to the changes initiated by the US, but something the US themselves will have to watch.

It is probably time to push PM Kan out of position, and let the DPJ and LDP brainstorm to come up w/ a mid and long range plan to develop Japan. The Japanese voters should allow the development of PMs and Cabinets lasting only one year, and most likely scandals tainting the PM at least for the near term.

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The article essentially makes the statement that Japan is finished.

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I have been saying this for several years now & with the recent disasters Japans time has come, it either re-invents itself across the whole country to something better, more efficient, better lifestyle, or its done for.

I hope for the former but suspect the later. Apec there is no way the DPJ & LDP have a hope in doing anything right, politics is so broken in this country that govt/beaurocracy is one of the things Japan most needs to fix right now, its a much bigger problem than the disasters but few seem to recognize the fact & even less seem to think something shud be done.

Frankly the only way I see myself growing old here is if economically Japan really goes down hill & then makes it cheap to live here, assuming support services are ok, but only time will tell, but at least it wont be boring!

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To GW,

"Apec there is no way the DPJ & LDP have a hope in doing anything right, politics is so broken in this country that govt/beaurocracy is one of the things Japan most needs to fix right now, its a much bigger problem than the disasters but few seem to recognize the fact & even less seem to think something shud be done."

Your assessment is not off the mark, but the reasons for the fractures is very complicated. I did receive some details in and outside Japan. It is a situation that will have to sort itself out, most likely soon.

If the Japanese voters can either overlook or compensate for minor scandals in the PM and Cabinet for about 24 months, and if the PM and Cabinet is set up for one year terms then rotate, the broader problem of mid and long term development can be addressed. It is a tricky situation, and will just have to wait to see how things work out.

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