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New York Times (January 8, 2012)

2012/ 01/ 10 by jd in Global News

Americans are warned that their country could follow Japan and face lost decades. This is a myth. Japan is not a fallen giant. Indeed it has quietly been strengthening its competitiveness. “Japan should be held up as a model, not an admonition. If a nation can summon the will to pull together, it can turn even the most unpromising circumstances to advantage. Here Japan’s constant upgrading of its infrastructure is surely an inspiration. It is a strategy that often requires cooperation across a wide political front.”

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