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History casts doubt on bold Japan economic reform

If there is a precedent in the past, optimism, hope that Japanese prime minister Shinzo Abe (Shinzo Abe) will challenge the vested interests to take bold action, CDB competition more intense way to stimulate economic growth is likely to be disappointed.
Japan urged the list of report can be traced back to the reform of almost 30 years led to a little bold action, critics say, dug economic stagnation.
Shinzo Abe, who got a rare second chance after Japan's top job, his free Democratic Party (LDP) election victory in December, has acquired structural reforms, such as deregulation, "the third arrow", his "Abenomics" plans to revive the economy.
But sceptics perform deep, he can be as successful economic reform, which experts say will be a test, after his first 2 "arrow" fiscal spending and super easy monetary policy, a combination of pushing a stock market rebound, shinzo Abe, and boost popularity.
"Somehow, people think that Japan could get, so it's not really necessary to take measures of pain, shunzhi, said:" the nun, took over the past few deregulation, a professor at the university of central committee, shinzo Abe, is now a new member of the panel.
A quarter of a century, we have been talking, action must be taken, I don't think this time will be different, "he said, the government will face opposition to reform, and is likely to eventually take incremental, rather than resolved measures.
"I worry that if the economy gets better, they will ease of reform," Ann said.
A panel of industry competition and regulatory reform proposal will be the key growth strategy, Mr Abe will be released by senate election in June, July, his rule group needs to consolidate its grip on power.
However, Abe's adviser, is divided into a wide range of functions to play to the government in economic affairs. Some keen to investment in key sectors of the public money, while others relax too tight, the government's critics say stifle innovation and new business.
Are discussing topics include easing employment rules, making it easier to cut, of department of health and child care, and promote the use of the Internet, corporate governance reform and rectification power utilities.
FURTHER - avoid
The report calls for reform of the list can be traced back to at least the landmark "the maekawa report," in 1986, the central bank of changchun, before the shift, sichuan and other advisers urged policymakers from export-led growth, open markets and set of regulations of the exception rather than the rule.
The issue of the report within a few months, foreign diplomats complain that prime minister yasuhiro nakasone breaking promises of change.
To reform the chorus, a blue ribbon panel in December 1993 by the Japanese economic state of Japan's business lobby group the flat rock again urged the government to cut red tape stifling growth. Four months later, his opinion of the board of directors, hosokawa resigned as prime minister, to overthrow the scandal and fracture, talking about his clumsy reformist coalition.
Many of Japan's past two "lost decade" of low growth - one of the ostensibly reform-minded prime minister, junichiro koizumi, over five years - also marks the commitment to relax on the economy. Many were retained, but many have not.
"The same questions, have put forward again and again, and said:" the house YiYan, a financial services company orix, President of the company, the relaxation of controls on the panel, according to junichiro koizumi from 2001 to 2006.
"This is very simple - all we need to do and how to do it, it can be written in one day, after the implementation of this is a question whether or not," palace told Reuters interviewed.
To be sure, few would argue that no progress has been made. Former economy minister, hiroko ota, shinzo Abe, the deregulation of the members of the group, said that deregulation.
"This is a very slow process, but it has been," she said, citing the release of financial services and telecommunications sectors as the two important examples.
However, held in Japan in 2013, the world bank's doing business easy slipped to 24th, from 20 years ago, mainly because of other economies to implement more positive changes.
Singapore was ranked first, followed by Hong Kong, and ranked fourth in the United States, South Korea ranked eighth. China mobile from 151th to 91th.
"PRO - ZOMBIES, ANTI - ZOMBIES"
Split between consultants, suspect any loose bureaucratic control, will be how competitive.
"We are not clear, we don't shout each other, but I believe, there are different ideas of how to, and how many, the government should be involved in establishing the strategies and specific industry reform," rakuten CEO of e-commerce operators and industry competitiveness council member, Mr Mikitani, told Reuters.
Some team members, such as chain operator Lawson company's chief executive, takeshi Niinami, played down the gap, said this reflects the different points of view, according to the company's core business. Some people, like rakuten, wants the government to stand aside, and allow for innovation in the field of investment may not be able to pay off for decades in need under the support of government.
Others expressed concern, however, Abe's liberal Democratic Party (LDP) will continue to adhere to the party's roots as a "big government", especially when many people now expect, it swept the board in July elections. "The liberal Democratic Party (LDP)" let us separate party, the central university said tender. "
"This is beneficial to control the economy."
Former U.S. trade official byron siegel, mid and late 1990 s, the bilateral trade agreement negotiations with Japan, agreed with the interests of those who doubt the lasting influence of the reform.
"Way of the reform process has been established for the problem is deep-rooted old industrial size, connection and motivation, in order to maintain the existing system, there are more than one said," siegel said, he is now working for a global beauty based on equipment and pharmaceutical companies.
"The future of the industry needs a more open, deregulation of the economic growth and the industry will return to Japan in the global competitiveness of the industry, is still a relatively small player, if they exist in today
 



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