Japan Urges Its Companies to Help Stimulate Economy

“Japan’s central bank governor and other officials are stepping up appeals to corporations to do more to help the country’s faltering economic recovery, [coinciding] with a push by Prime Minister Shinzo Abe to attack broader trends that slow Japan’s growth: shrinking and aging of the population and a corporate culture heavy on overwork.  Katsunobu Kato, an Abe ally who recently was appointed to head his campaign to counter the falling birthrate, voiced a similar appeal.  ‘There is a limit to what government can do. We are expecting the private sector to help,’ said Mr. Kato, who is assigned to ensure that the country’s population, now at 126 million, does not fall below 100 million.”

http://www.nytimes.com/2015/12/01/business/international/japan-companies-stimulus-economy.html

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