Japan Economy – an interesting analysis

Nikkei has an interesting interview on Japan economy with Bill Emmott, former Economist editor.

 

My take: reform of the Labor Market :

 

I think the big thing that needs to be done is to have a single labor law that applies to everyone, so to reduce the amount of protection for regular workers to make it easier to fire people, but then have the same protections for the irregular workers, so there should be one law for everyone.

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