Obstacles to DPJ’s progress
By Masahiro Matsumura writing for South China Morning Post The biggest challenge for Japan's new government will be to break the stranglehold of the mandarins The landslide election victory by the Democratic Party of Japan (DPJ) terminated the one-party-dominated system that the catch-all Liberal Democratic Party has controlled...
IMF Executive Board Concludes 2009 Article IV Consultation with Singapore
Background Singapore has been severely affected by the global downturn. It was among the first countries in Asia to enter a recession and is now set for its worst economic contraction since independence. Nonetheless, economic fundamentals remain strong and provide an important buffer against the external shocks. As elsewhere...
Japan needs a genuine two-party system now
From South China Morning Post Japan has changed course. Voters have turned overwhelmingly to the Democratic Party of Japan to give hope and bring change. Their decision came amid global economic turmoil and record unemployment. But prime minister-in-waiting Yukio Hatoyama has an equally important challenge: to help Japanese...
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