
Why Japan’s next leader should be a woman
Over the past decade, Japan has tried a variety of strategies to restore its economic relevance. It spent trillions of dollars jolting growth. It devalued the yen. The Bank of Japan seemed to morph itself into a giant hedge fund to revive the nation’s animal spirits.
Japan did everything except what many economists argue might actually work: empowering women.
The question of how Japan can raise its game has just taken on renewed relevance. Less than a year into a remarkably unpopular stint as leader, Prime Minister Yoshihide Suga bowed to reality and announced on Sept. 3 that he will not seek reelection.… Seguir leyendo »