The lost decades for China in the 1950s, 1960s and 1970s look remarkably like the lost decades of Africa in the 1980s and 1990s. Poor land rights, weak incentives, incomplete markets and inappropriate investment portfolios.
In the year following Japan’s 3/11 triple disaster of the Tohoku earthquake, tsunami, and Fukushima nuclear incident, fundamental issues in Japan’s political economy are being debated.
In the year following Japan’s 3/11 triple disaster of the Tohoku earthquake, tsunami, and Fukushima nuclear incident, fundamental issues in Japan’s political economy are being debated.