Title: A raging bore
Review: Japan: A System That Soured is a pretty useless book. Katz, a very so-so journalist cum economist, spends ages getting to two very simple conclusions. One, economies which grow quickly in the early stages of development slow down when they reach maturity. Two, Japan cannot grow any faster over the longer term unless its economy is liberalised and its markets thrown open to competition. My goodness. Really? Whatever made you think that...
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