Naoto Kan, Japan's new prime minister, pledged to make the country's sickly economy his first priority and to pull Japan from its "quagmire of an ever- bulging debt." But that is easier said than done. It is not merely a question of when to stop the government stimulus and where to put the knife to spending. Japan needs a radical overhaul, which will have to include sweeping changes in the country's socioeconomic structures.
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