Economic recovery in Japan? Not so fast...

Article Abstract:

The emerging Japanese optimism concerning its economy is ill-founded. The government, intent on providing the people with the security that they demand, has opted to slow down in implementing much needed economic reforms. The Japanese value job security and social harmony over financial growth such that they view the economic and political stasis positively. However, this unsatisfactory state of things is bound to be scrutinized in the autumn 1999 political party elections and summer 1999 national elections.

Economic Development Program, Other General Government Support, Economic Planning & Research, Social aspects, Economic policy, Economic conditions, Economic forecasting, Job security, Economic security, Hashimoto, Ryutaro, Depressions, Economic depressions

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...Unless tax barriers are dropped

Article Abstract:

The revival of Japan's economy needs concrete government support in the form of tax cuts. The country's economic decline started in the mid-1980s just as it increasingly imposed higher taxes. The initiative to lower taxes is expected to reverse the decline in the economy. Business enterprises will have more breathing space to forge beneficial deals with the consumers. The tax cuts combined with stabilization of the currency will pull the country from its economic rut.

Tax Law, Public Finance Activities, Economic Development Adm, Analysis, Economic aspects, Economic development, Monetary policy, Tax abatement

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Textile makers lobby for protection, testing trade policy

Article Abstract:

Japan's towel makers want government-imposed protection from imports from China and have filed a petition with the Minister of Economy, Trade and Industry. Japanese importers and retailers claim they have the right to sell the cheaper items. The effort by the towel makers is discussed.

International economic relations, Other Household Textile Product Mills, Housefurnishings, not elsewhere classified, Cotton Towels & Washcloths, Political activity, International trade, Textile industry, Household linens industry

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