Can Japanese Farming Survive Liberalization?
Japan is preparing to enter into TPP negotiations, but debate is still raging over the benefits and dangers of participation, particularly for the farm sector. Even without liberalization, though, agriculture in Japan is in dire need of reform.
A New War in the Persian Gulf?
Tension is escalating in the Persian Gulf, as Iran continues to pursue nuclear weapons. War remains a possibility, but it would be costly to all concerned. Iran’s neighbors and others will likely have to live with this tension and uncertainty for some time to come.
How Regulation is Strangling the Social-Services Industry
A severe shortage of nursing homes and childcare centers could have serious economic as well social consequences for Japan. While the government is eyeing higher taxes to support increases in social spending, the author stresses the need to dismantle regulations that discourage innovation and limit business profits if Japan is to build a truly sustainable social security system.
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