Learning from Japan
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