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Pramod Sur comments
Posted in: Japan needs women power to galvanize economy See in context
Increase in demand and supply is necessary for the growth of a nation. the demand in an economy can be incresaed if the people spend more and the supply can be increased if an economy produce more. Women in japan has the ability to increase the production and consuption. We have to see that more than 51% of japans population is women. And it is the only OECD countries where women labor participation is very less (except S Korea where it is least). So if women are encouraged to work they can prod..uce more and earn more simultaneously. And thereby consume more (if you have more money in hand you spend spend more. Right!). So actually women can create growth in japanese economy.
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