Land of the three mistakes
Policymakers seem determined to thwart Japan's economic recovery
WHEN Japan's economic figures are mixed, as they were this week, it is safer to trust the depressing bits than the cheery ones. However one interprets the latest blips in output or exports, Japan's policymakers are still worryingly error-prone. Recent mis-steps by both politicians and technocrats have highlighted three of the biggest risks to recovery.
This article appeared in the Finance & economics section of the print edition under the headline “Land of the three mistakes”
From the May 28th 2005 edition
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