Word: abe
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...that was cool. Destroyer is not an interesting band.And that was that! It was, overall, a delightful weekend at the old ballpark, and Pitchfork continues to throw the best party of the summer for people who, like you and me, read Pitchforkmedia.com every day.—Staff writer Abe J. Riesman can be reached at riesman@fas.harvard.edu...
...both the Bernstein fest and the Barenboim visit. Barenboim’s final two lectures will take place in the Paine Concert Hall today and on Tuesday, Oct. 3, at 4:30 pm, both days. No tickets are required. For more information, call 617-495-2791. —Abe J. Riesman
...Reviewer Abe J. Riesman can be reached at riesman@fas.harvard.edu...
...Japan's rapid aging is a daunting challenge to Abe's growth targets. Because Japan was operating far below full capacity in 2002, a big spurt of demand could produce good growth figures for a while as the economy got back to full capacity. The government says full capacity has now been reached, and going forward, sustaining growth will be tougher. The working-age population will fall by around 0.7% during 2005-2010 and 1.1% during 2010-2015. Not only will each worker have to support more retirees as a result, the only source for GDP growth will be productivity...
...will have to take place in a new political climate. Growing income inequality and a rising poverty rate have become big issues. Some opponents of reform blame this on Koizumi's alleged "market fundamentalism." In fact, the trend began two decades ago-though it has intensified in recent years. Abe's challenge is to combat inequality and provide a better "social safety net" while continuing with market reforms. Such reforms, and the sustained growth they will bring, will have the desired effect of reducing Japan's chronic budget deficit-which is a symptom, not a cause, of Japan's problems...