A bit of background reading on Abe’s economic reform efforts in Japan in the wake of the announcement that the sales tax hike is to go ahead.
- Abe is preparing legislation for the ‘growth strategy’ for the ’s final parliamentary session of 2013
- Aimed at getting businesses to distribute rising profits and cash through higher wages and new projects
Also – for more background, this article is well worth a read: Abenomics Is Undermined by a Consumption Tax
