How Abe's 'work-style reform' can reshape Japan's labour force

clock • 2 min read

The issues facing Japan with respect to its ageing population are well documented.

In order to expand and grow, the country either needs to remedy its labour issues or compensate for them via additional capital expenditure.  But with core machinery orders falling much more than expected in April, the view is any serious capital expenditure is unlikely to be seen too soon. Japan must either find more workers or increase the productivity of current workers. The country neither had the migrant appeal of Australia or the UK, for example - nor have the Japanese ever wanted it. 'The entrepreneurial spirit in Japan is not dead'  The working culture has historically b...

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