The Japanese public’s enduring anxiety about social security

Even as the Japanese people confronted slow growth and considered whether the longstanding institutions of Japanese capitalism would be able to guarantee prosperity in the future, they faced the prospect of an aging, shrinking population and worried about the stability of Japan's social security system. As baby boomers retire, Japanese society, like other developed societies, …

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Recommended book: Race for The Exits, Leonard Schoppa

Japan's pensions and health care systems may be the rocks against which the LDP smashes to pieces.Last year, Abe Shinzo's failure to respond quickly and decisively to reports of missing pensions records doomed his faltering government. Now, under Fukuda Yasuo, the government is still struggling to account for missing pensions records and is reeling from …

Continue reading Recommended book: Race for The Exits, Leonard Schoppa

No one benefits from the pensions scandal?

The Asahi Shimbun published a chart today that shows public opinion regarding responses to the the pensions crisis (sadly, it does not appear to be online).Asked if they appreciated the Abe Cabinet's response to the pensions scandal, 59% of respondents said they did not appreciate it to 24% who did.That's not so surprising, but the …

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