Reform and revival
The Yomiuri Shimbun has some prospective analysis of the economic revival underway–with the Nikkei expected to reach 15,000 by the end of the year–and the central role that the Koizumi administration’s reforms are expected to play in the revival. Unfortunately, as is all too common in such pieces, explanations of how exactly the reforms will impact the economy is lacking, an omission that tends to lead readers to believe “reform is good” without ever understanding why, or where the problems were in the first place. Perhaps my standards are too high for this sort of article, though.
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