JAPAN’S SAVINGS RATE STYMIES USUAL TACTICS; REFORMS WON’T HELP ‘Beware the ides of March,” the ancient Romans used to say, and the same could apply in Japan as the tribalistic consensus seeks to will a sangatsu kiki (March crisis) on Prime Minister Ryutaro Hashimoto for his alleged failure to realize
MorePROTESTS AGAINST INDONESIA OVERLOOK HISTORY, REALITIES One understands why Indonesia’s national-car program has run into criticism from Tokyo and Canberra. Control has been handed over to the son of President Suharto, a man not known for shyness in encouraging relatives to control key areas of the economy. Its partner will
MoreEast vs. West: An Ethical Dilemma The affair of a U.S. youth in Singapore sentenced to caning for alleged vandalism has seen more than just an outpouring of approval by Westerners worried about the breakdown of law and order in their own societies. It has also opened up a fascinating
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