Richard Katz, a senior fellow at the Carnegie Council for Ethics in International Affairs.© Foreign Policy magazine
quote of the day
What is required are reforms that improve Japan’s underlying efficiency. The Kishida administration is set to issue a five-year plan that could do a lot to improve the situation if lofty goals about income distribution and nurturing startups are turned into concrete policies. Unfortunately, recent conversations with policymakers in Tokyo suggest that, while a few of the necessary positive steps will be taken, they will not be nearly enough to turn the ship around.
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