August 16, 2014
Calling Gordon Gekko: This Is Japan
Noah Smith, Bloomberg
The Associated Press
In general, Prime Minister Shinzo Abe has proposed a good package of structural reforms for Japan’s economy. It remains to be seen how many he will be able to ram through the Diet in the face of determined opposition from vested interests. But there is one idea that he and his team may be overlooking: lifting legal restrictions on corporate takeovers.
TAGGED: Japan, Shinzo Abe, Abenomics