While information and communications technologies have increased the conveniences and comforts of life in Japan to an unprecedented level, the nation's economy remains stagnant, partly because of the saturation of the auto market.
Labor shortages in Japan are becoming increasingly problematic amid the current economic recovery, particularly for those sectors where rising wage costs result in lost sales and even bankruptcy — despite rising consumer demand.
Although large manufacturers appear more optimistic about the course of the Japanese economy in the months ahead, the latest Tankan survey and other economic data show signs that growth could be hampered.
The Abe administration is pushing to exempt certain kinds of workers from labor standards as part of his economic growth strategy without soliciting the views of labor organizations concerned about the fate of overtime pay.
Federal Reserve Bank of San Francisco President John Williams said Thursday structural reforms are needed if Japan is to solve long-term problems, including its aging society and shrinking workforce, calling monetary policy “a limited tool.” The potential of the Japanese economy and how fast ...
Why would a country that suffered disastrous accidents at a nuclear power plant three years ago choose to push the export of its nuclear power technology around the world? Yet, the Abe administration sees this as a pillar of its economic strategy.