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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
President Yoon Suk-yeol’s administration aims to remedy a chronic shortage of doctors in South Korea. Public opinion is firmly behind Yoon, but the KMA has enjoyed past success in…
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
These policies also foster communication between government and business, labour unions and other stakeholders. Continuity of policy is matched this year by adjustment in response…
The time may be right to move on from what was designed to combat deflation, and attention is being given to wages for guidance. However, rising prices are not feeding through…
Tokyo must now decide whether the economy has finally turned a corner and entered a period of healthy wage and price growth that will last.
The IPEF, led by the United States and designed to deepen economic cooperation between members, involves four key pillars. India was the only member not to agree to the…
Details
DOI: 10.1108/OXAN-DB272907
ISSN: 2633-304X
Keywords
Geographic
Topical
Prime Minister Fumio Kishida has made support for children and parents a priority, in an attempt to raise fertility and avert what is widely regarded as a demographic crisis…
JAPAN: Number of foreign workers will rise further
Details
DOI: 10.1108/OXAN-ES275610
ISSN: 2633-304X
Keywords
Geographic
Topical
He urged Australia’s Prime Minister Anthony Albanese to help resolve a long-running impasse over whether gas from the Greater Sunrise gas field should be refined in East Timor or…