Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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CLOUDS AND SUN
For Takamitsu Sawa's latest contributions to The Japan Times, see below:
The plight of the Japanese manufacturing industry today is in part caused by its engineers' lack of a liberal arts education.
It's puzzling why so few arguments have been made in Japan this summer to link the heat waves and local cloudbursts to global warming and climate change.
It should be of concern to Japan's voters that the LDP's proposed constitutional revisions run counter to the principles of freedom and democracy.
Making English the standard language at graduate schools in Japan won't be enough to attract more of the "outstanding" students from abroad.
A Shiga University professor has some reservations about a government industrial council's proposals to make Japan "the world's most business-friendly environment."
Only a few years ago, it was forecast that Japan's best growth strategy would be to develop environment-related products. That forecast was off the mark.
For the sake of Japan's future, the education ministry and others must work to raise the pay of researchers and professors at national universities.
In the Dec. 16 Lower House election, the Liberal Democratic Party won a resounding victory while the Democratic Party of Japan suffered a crushing defeat, bringing about a change of government after three years and three months of DPJ rule. Expectations were that the ...
I have long advocated the path of “green growth” for Japan. During the past two decades, the Japanese economy has suffered from an extremely low annual growth rate averaging 0.9 percent in real terms and minus 0.2 percent nominally. This near-zero growth trend has ...
The presidential election in the United States is less than two months away. The Republican Party has nominated Mitt Romney, former governor of Massachusetts, to run against the Democratic incumbent, Barack Obama. Initially, Romney tried to appeal to voters as a “center rightist.” He ...
Guan Zhong, an ancient Chinese savant, once stated that people learn to behave with good manners only when they have sufficient clothing and food. This expression is more commonly translated as “Well fed, well bred.” His words mean that people won’t have time to ...
Until only a few years ago, Japan prided itself on leading the world in the field of manufacturing. Industry as a whole is usually classified into four sectors: agriculture-forestry-fishery, mining, manufacturing, and services. (The mining industry is virtually nonexistent in resource-poor Japan, and coal ...