The perils of pork and gravy

Article Abstract:

There have been protests over public spending policies in Japan. Projects such as airports, dams, bridges and roads have been carried out with public funds, and opposition has been based on environmental concerns. There is also concern among the public about the impact of high levels of spending on public finances, and the debts that have been incurred. There is concern about how borrowed money will be repaid, especially since Japan's population is ageing.

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A suitable case for treatment

Article Abstract:

Prime Minister Ryutaro Hashimoto intends to modernize the Japanese economy by reducing government regulation and the size of the banking system and its practice of lending money unwisely. The plan is likely to have a huge effect on the Japanese economy, forcing many companies out of business.

Deregulation

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Failing to bite the bullet train

Article Abstract:

Prime Minister Ryutaro Hashimoto and his ruling Liberal Democratic Party have proposed spending for the year that represents a 3% over 1996. Hashimoto has caved in to political pressures to keep the LDP unified instead of addressing the need for economic reforms.

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