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Article: What ails Japan? What ails Japan?(Japanese economics)(Statistical Data Included)
- Article from:
- The Economist (US)
- Article date:
- April 20, 2002
CopyrightCOPYRIGHT 2002 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Twelve years in the economic doldrums: what does that say about the political system? It's almost impossible to reform, argues John Grimond
IMAGINE a country where the streets are clean, drugs cause few problems and muggings are almost unheard of. Imagine further that the trains run on time, most people are well dressed and many--at least to judge by the giggling girls shopping in the capital's swankiest area--are able to afford the most expensive trifles that money can buy. In such a prosperous country, life would be long, taxes modest and unemployment certainly lower than in Europe, probably even than in America. People would be polite, thrifty and ...