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ECONOMIC DISASTER (2) answer(s).
 
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ID:   132161


Voodoo abenomics: Japan's failed comeback plan / Katz, Richard   Journal Article
Katz, Richard Journal Article
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Publication 2014.
Summary/Abstract Imagine the predicament currently facing a growing number of Japanese men in their early 30s. Despite having spent years cramming in high school and attending good colleges, many can't find a full-time job at a good company. Since Japan's rigid labor laws make it nearly impossible to lay off permanent employees in downtimes, companies now tend to fill open slots with part-time or temporary workers, and they typically pay them a third less. Today, 17 percent of Japanese men aged 25 to 34 hold such second-class jobs, up from four percent in 1988. Low-paid temps and part-timers now make up 38 percent of Japanese employees of all ages and both sexes -- a stunning figure for a society that once prided itself on equality.
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2
ID:   114116


Why the Euro will survive: completing the continent's half-built house / Bergsten, C Fred   Journal Article
Bergsten, C Fred Journal Article
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Publication 2012.
Summary/Abstract The euro's naysayers have it all wrong. True, the continent's powerhouses have yet to agree on a clear plan to save the common currency, as each one is seeking to secure the best deal for itself. But they all also know that the collapse of the eurozone would be a political and economic disaster, so they will ultimately pay whatever price is necessary to keep it together.
Key Words World Economy  Europe  Ireland  Spain  Euro  Common Currency 
Eurozone  Economic Disaster 
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