Economist debunks Japan's "stagnant" economy
Unpacking Japan
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Shifting Landscapes: Japan's Evolving Economy
This chapter examines the transformation of Japan's labor market and economy since the mid-1990s, highlighting the rise of contract work and its impact on workers' purchasing power. It discusses the broader implications of demographic shifts, talent competition, and changing career aspirations among young professionals, challenging traditional corporate dynamics. Additionally, the chapter explores the complexities of Japan's aging population and the necessity for tax reforms to invigorate economic growth through wealth redistribution.
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