no smoking
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Re: New Japan PM good news for India
Every PM promised the same thing before they took the office. They believe they could be different. However, the fact is they all failed.@amoy,
For the Japanese people beset with a sagging economy, no jobs and rising tension with China, he promises a move away from the paralysis of the previous Government.
I don't think the bureaucracy is the problem here. Japan's gov is till the most efficient gov in the world. The problem is the noble families and the politicians representing them. Unfortunately, Abe is one of them. And their supports is the reason for his successful come back.His performance will be keenly looked into. To me the most important is the way he tackles the bureaucracy which is so deeply entrenched in Japan.
No major power except India wants Japan to grow economically again. But india's attitude regarding foreign direct investment doesn't really help Japan.For the global economy we need Japan to start growing economically again. We cannot depend on the US, EU and to some extent PRC to lead the growth. Japan has been an important driver of the world economy and is required to pull it's weight once again.
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