By Kazuaki Nagata
Staff writer
Feb 9, 2022
A mystery is swirling around the world’s third-largest economy: Why haven't wages increased in Japan over the last two decades as they have elsewhere?
Since Prime Minister Fumio Kishida took office, he has made it clear that raising wages is one of the top priorities for his economic agenda and a crucial component of his "new capitalism."
But there are no simple solutions.
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