Monday, June 01, 2015

Nobel economic prize winner sees Japanese economy in decline

Skyline of Japanese city Copyright Peter Hanami 2007
Title: Skyline of Japanese city




"Stiglitz, a Nobel economics prize winner, sees an economy (Japan) in decline with a hollowed-out education sysytem and middle class which is probably destined for withdrawl from the world"




Source: Risks and rewards from Japan's defence shift
By Greg Earl
Thursday 3rd July, 2014, page 16
Australian Financial Review