Commentary / Japan Jan 22, 2016
Let Japan's zombie firms die
If Japan wants to generate long-term growth, it needs to allow creative destruction. New companies can't grow when they are blocked by failing incumbents.
If Japan wants to generate long-term growth, it needs to allow creative destruction. New companies can't grow when they are blocked by failing incumbents.
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If Japan's bureacracy really loves the country's universities, it should end its micromanaging and set them free.
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