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Action 9. Make Japan More Attractive as a Location for Business
Without economic growth, the various problems facing Japan will not be resolved. Without a “strong economy,” the source of a nation’s power, a nation is unsustainable. If the economy weakens, a vicious cycle emerges in which unemployment rises, tax revenue drops, government finances collapse, and investment in technology development and human resources declines. Japanese administrations until now have just been injecting adrenalin into a sick body. But now the money for these adrenalin shots is on the verge of running out. The government needs to stand up and come to grips with implementing structural reform.
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Jun 30 / 2016
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- Economics and Industry
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