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October 28, 2005

Womenomics, Japan's Hope For An Economic Revival?

Thought provocing article I picked up via Blookmberg.

Bloomberg: Womenomics' Is Good for Japan

In spite of the clear logic in this argument, I still have a hard time believing that Japanese politicians and business leaders will ever provide the buy-in and support for the fundamental changes that are required. Hollywood movies have done more to further the Womens Movement in Japan that any other factor by a huge margin. In a country where the business philosophy is "Image first, Profits if we can, Shareholders Who?", the simple fact that motivating a huge, underutilized segment of the population will most likely just evoke the "If it IS broke, don't fix it" police.

Posted by Kakyou at October 28, 2005 11:26 AM

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