Industries fear barrier to reform, bureaucracy, will stay

Article Abstract:

Bureaucracy is seen to remain in Japan, despite campaign promises by the new members of parliament to institute reforms. More than 10,000 regulations govern every business sector in the country, as bureaucrats refuse to relinquish their hold on corporate Japan. The country's elite bureaucrats have not been enjoying a good image, after showing poor performances in relief operations following the Kobe earthquake, financial policy affecting the banking industry and in attempting to whitewash bureaucratic involvement in an AIDS-related controversy. Reduced funding for government agencies and limiting the hiring of policymakers are seen to eliminate bureaucracy.

Japan, Bureaucracy

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Rise of New Zealand's Thatcher promises to put country back on solid track to small government

Article Abstract:

Prospects for acquiring a highly-stable government appear good for New Zealand as Jenny Shipley prepares to succeed Jim Bolger for the prime minister seat. As a politician frequently associated with Margaret Thatcher, Shipley's political achievements speak well for her competence to manage the job. Aside from philosophical learnings, Shipley has made vast contributions in state-sector reform, economic deregulation and privatization. Backed by the country's top legislators, Shipley successfully ousted Bolger after the former attended a meeting in Edinburgh.

Appointments, resignations and dismissals, New Zealand, Shipley, Jenny

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Uncertainty will hinder nation's economic growth

Article Abstract:

The Philippines' efforts to recover from its economic problems are still hampered by the nation's political woes. The economy has been resilient, with gross domestic product growth up 3.9% in 2000, despite a government paralyzed by charges of corruption against former President Joseph Estrada. While life goes on and people continue to buy, they do so in a state of uncertainty. The impact of this uncertainty on the peso and the country's weak infrastructure are discussed.

Gross Domestic Product, Philippines, Economic policy, Statistics, Economic development, Currency devaluation, Devaluation (Currency)

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