Learn­ing from Ja­pan

Enterprise - - Editor’s desk - Meha Khan Karachi

This is with ref­er­ence to the World View fea­ture on Ja­pan’s post-earth­quake econ­omy in the May is­sue. The anal­y­sis con­tained an ex­trac­tion of all pos­i­tive fac­tors from the cur­rent state of Ja­pan’s econ­omy, which shows a pro­gres­sive ap­proach. Nat­u­ral calami­ties can­not be avoided but in these cir­cum­stances we need to look for vi­able strate­gies which can make us stronger to face any fu­ture dis­as­ters.

The ex­am­ple of Ja­pan, as pre­sented by En­ter­prise, stands valid for all other re­gions as well. I ap­pre­ci­ate the stance of the Ja­panese gov­ern­ment, the mea­sures adopted by the in­dus­trial and cor­po­rate sec­tor, along with the sup­port of the pub­lic on the way for­ward. The pub­lic’s sup­port for in­crease in taxes re­flects their trust in the gov­ern­ment for re­con­struct­ing the econ­omy. Such col­lec­tive ef­forts will lead to an ef­fec­tive re­cov­ery and de­vel­op­ing coun­tries need to fol­low the ex­am­ple

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