Nov 25, 2014

Abe consumption tax backfiring with more debt, not less

by Wes Goodman

What started as a plan to reduce the national debt is turning into a reason to issue more bonds. Prime Minister Shinzo Abe’s administration implemented a higher consumption tax in April to boost revenue as government liabilities ballooned to ¥1 quadrillion ($8.5 trillion), more ...

Seizing the initiative for women at work

Nov 22, 2014

Seizing the initiative for women at work

by Masami Ito

Faced with a domestic economy that is sputtering, Prime Minister Shinzo Abe has in recent months attempted to promote a sector that has long been underutilized in Japan — women. Speaking before the U.N. General Assembly in New York last year, Abe pledged “to ...