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Analysis
Regulatory Impediments to Ending Japan’s Lost Decade
Feb 4, 2010
| Last Updated
EXECUTIVE SUMMARY
Even after the end of Japan’s financial crisis of the 1990s, the economy has yet to regain the stratospheric ascendancy it maintained throughout the post-war years, and it continues to punch below its weight. This analysis explores how legal restrictions—combined with demographic change and increased global competition—may be trammeling the Japanese recovery. Regulations in the areas of labor mobility, savings accounts, land use, retail distribution, trade and biotechnology are doing more harm than good, and significant reform is a necessary first step toward[...]
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