• Bellevue, Washington

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Regarding
the March 16 editorial “Key to economic recovery“: I agree that the world’s No. 1 and 2 economies bear the heaviest responsibility for trying to revive the global economy, but I believe the issue goes beyond government action. It is true that increasing domestic demand is necessary and that this can be achieved by developing growth strategies for key industries, but I believe that is only a small effort meant to provide a quick solution instead of actually solving the problem.

For both economies, I believe an extensive management- change effort needs to take place to correct the bad practices that have brought about our current crisis. Japan is in need of such change not only to recover economically but also to move forward and maintain its global position amid competition from countries such as China.

Japan’s growth model is a great success story that analysts still study, but unfortunately that model is no longer applicable. This is the perfect opportunity for organizations in Japan to start implementing substantial changes to better utilize their incoming workforce (Generation Y) and untapped resources (educated women). The need to better utilize talents of available human resources is becoming increasingly necessary because of the aging workforce and declining population.

tim moon

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