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Articles by Makiko Shinoda
Why the Japanese economy is not growing: Retail sector
In Japan, one person in ten works in the retail industry, but productivity is low. Several barriers prevent more efficient, large-scale retailers from boosting overall productivity. If these barriers were removed, the Japanese retail industry could more than triple its annual productivity growth rate. In Japan, one person in ten works in the retail industry, but productivity is low. Several barriers prevent more efficient, large-scale retailers from boosting overall productivity.
Why the Japanese economy is not growing
Japan's primary challenge is to increase its capital and labor productivity. The purpose of this study is to understand the reasons for Japan's dismal economic performance in the 1990s and help policy makers prioritize reforms. To achieve this, MGI analyzed Japan's output and productivity gap relative to the US. Objectives and Approach The purpose of this study is to understand the reasons for Japan's dismal economic performance in the 1990s and help policy makers prioritize reforms.
Why the Japanese economy is not growing: Health care sector
While the health care system in Japan offers low-cost care to patients, it provides undistinguished service when compared with international benchmarks. Currently, there is little competition in each of the markets that make up the health care system. Japan could dramatically improve the performance of its health care sector by replacing the current fee-for-service system and creating a level and competitive playing field for hospitals.
Why the Japanese economy is not growing: Residential construction sector
In Japan, construction companies rarely compete on price, requiring consumers to amass substantial savings before they can afford a single-family home. Encouraging a secondary housing market and establishing standard designs, methods, and materials would give the residential construction industry the push it needs to become more productive. In Japan, construction companies rarely compete on price, requiring consumers to amass substantial savings before they can afford a single-family home.
Why the Japanese economy is not growing: Food processing sector
While food processing is one of Japan's major manufacturing sectors, companies in this fragmented industry suffer from a lack of scale. Consolidation and increased competition would be healthy for the industry, increasing productivity without sacrificing freshness or product variety. While food processing is one of Japan's major manufacturing sectors, companies in this fragmented industry suffer from a lack of scale.
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