Word: crisises
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See 25 people to blame for the financial crisis.
Handed a mandate to steer Japan out of a malaise of economic crisis and failed social systems, the next Prime Minister of Japan and his party need to reverse the nation's lost confidence in government leadership. A misstep, scandal or lack of fortitude in reform could cost the DPJ...
The global economic crisis dealt a blow to Japan's export-led economy, and there was little to fall back on. Domestic consumption and investment need to be closer to the center of economic growth, and that requires major change, including regulatory reform. Leaning less on export-oriented growth doesn...
This article was reported with a grant from the Pulitzer Center on Crisis Reporting
Who is right? Only time will tell, of course. But China's economic policymakers have been performing admirably since they wisely held the line on devaluing the renminbi in the 1997 Asian financial crisis. Their decisive action on a massive fiscal spending program this time around has helped the economy...