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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.
JAPAN: By-election results will weaken government
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DOI: 10.1108/OXAN-ES286723
ISSN: 2633-304X
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JAPAN: Rate rises, and initial impacts, will be small
Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…
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DOI: 10.1108/OXAN-DB285105
ISSN: 2633-304X
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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…
SOUTH KOREA: Doctors' strikes will test health system
Prime Minister Sheikh Hasina’s Awami League (AL), which aims to secure a fourth consecutive term, is under pressure to ensure a genuine contest with high voter turnout. The main…
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DOI: 10.1108/OXAN-DB284279
ISSN: 2633-304X
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Prabowo was for months neck-and-neck in opinion polls with Ganjar Pranowo, former governor of Central Java province, but Ganjar has recently appeared to fall away. Anies Baswedan…
The election was a major milestone for the ruling Democratic Progressive Party (DPP), which won a third presidential term, a first for a Taiwanese party since direct elections…