Tuesday, December 18, 2012

Abe's economic reform in Japan not easy task

According to a news report, the many economic challenges facing ex'-prime minister Shinzo Abe''s newly-returned LDP government in Japan would be very tough. Besides infrastructure like tunnels, population is also said to be ageing. 'Lack of innovative spirit and efforts in recent years have also caused the decline in reputation of as well as demand for its electronic products. Its automobile industry is problematic too.