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Keys to Greater Prosperity

Originally published in The Japan Times, January 9, 2006. Used with permission of Michael R. Czinkota and The Japan Times.

As we begin a new year, we look for guideposts to help governments and business improve economic performance. In a world of global competition, the platform provided to firms and individuals is crucial to growth and prosperity. From observations comparing countries that do well with those that are falling behind, here are some suggestions:

Government has few, if any, limits in coming up with new revenue-raising schemes. Such government creativity can be dangerous, become unfair and nontransparent, ...

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