Japan economy seen continuing healthy growth into next decade
A Brookings Institution study led by Hugh Patrick and Henry Rosovsky projects Japan's economy expanding at 6 to 7 percent annually for the next ten years. It notes labor and welfare shifts, strong capital formation, and high savings fueling investment, with unemployment historically minor and a steady labor–industry relationship underpinning growth.
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Fishing notes reveal hard life and wary markets at sea
From Page 12 A a New Bedford crew reports a harsh winter sea grind and shifting fish prices. Haddock rare for auction, yellowtail flounder drops, cod up, small operators run old boats. Captains defend toughness, faces of risk, and hope for price stability as days at sea and auctions shape livelihood.
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