The test Japan's leaders must pass
Article Abstract:
Japan's new Prime Minister Keizo Obuchi and Finance Minister Kichi Miyazawa face significant challenges. The country's economy is experiencing a serious recession, and there are no indications of any improvement. Household saving has risen significantly, and consumer and business confidence are at very low levels. Miyazawa has initially focused on banking reform, but it remains uncertain whether he will be prepared to force the leading banks to declare their true bad debts. There is a danger of rising frustration about the slow pace of economic reform.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Please, Sayle-san, lend your bank some money
Article Abstract:
Japan has suffered a deflationary spiral of varying intensity since 1990. A situation now seems to be emerging where the country's banking system can no longer withstand deflation. Japanese export industries have traditionally performed well, but exporting from a depressed economy with minimal imports has pushed up the value of the yen and restricted exports. The Japanese government is trying to overcome economic problems by both allowing speculation to burn itself out and using public money to support bad loans.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Time to lend a helping hand
Article Abstract:
There are now many opportunities for graduates to undertake work abroad for a development agency. One of the main agencies is Voluntary Service Overseas, which is particularly interested in graduates who have knowledge of information technology, business skills or technical training. Applicants must have at least two years of work experience. There are also opportunities for graduates to work in the UK with agencies such as Christian Aid and Oxfam.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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