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(From Journal of Japanese Trade & Industry (JJTI))
Byline: Inoki Takenori
Why Must Human Resources be Nurtured? The Japanese economy remains in dire straits and hard-pressed to climb out of the current predicament despite the policy measures taken by the government. Japan overindulged during the feast of the asset-inflated bubble economy in the late 1980s, and the country is still struggling to escape from the aftereffects of the feast. Any feast is followed by sadness and darkness. The current melancholic mood prevailing over the country is based on the abyss into which it plunged, in reaction to the excessive hubris. All economic bubbles are ...