CHAPTER THIRTY-THREE
Japan’s Economic Policy Turn
JAPAN IS FACING THE MOST SERIOUS challenges to its traditional social and employment practices since World War II, if not since the 1920s. The reasons are neither politics nor economics but demographics.
The nation is only slowly climbing out of its worst recession in more than thirty years and the worst is yet ahead for the already bleak unemployment picture. And yet the Japanese business leaders, bankers, government and labor leaders with whom I met on my most recent visit to their country were fully as concerned with tomorrow’s looming labor shortage as with today’s traumatic unemployment.
Get Peter F. Drucker Boxed Set (8 Books) (The Drucker Library) now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
