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Grasping the Nettle on Public Finances
Immediately after the Quake, in Singapore Four days after the earthquake, I left Japan for Singapore, Malaysia, and Myanmar, aftershocks continuing to shake Haneda Airport as I waited for my plane. The...
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Four Priorities for Reconstruction
A month has passed since the Great East Japan Earthquake. The human cost of the disaster has far outstripped initial expectations, with more than 30,000 people dead or missing. The widespread...
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Japan Needs to Be on a “Wartime” Footing
One month after the March 11 earthquake and tsunami struck, good news began to be heard. It was reported that the big automakers were resuming production and that breweries had gotten off to a fresh...
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Have the Current Generation Foot the Reconstruction Bill
Two months have passed since the disaster, but not a single new law has been enacted for recovery and reconstruction. At the time of the Great Kantō Earthquake of 1923, it took the cabinet only a week...
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Japan’s Government of Fools: Enough is Enough
So the G8 Summit in Deauville has come to an end. Prime Minister Kan Naoto chose the occasion to announce to the world that Japan would follow standards “of the greatest possible transparency” in...
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A Fatal Lack of Urgency
The June 18 issue of the Economist had a bleak message of warning about the stalled global recovery. The cover carried an illustration of an ice cream cone loaded with two large scoops, both starting...
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