Economic problems

Today, I want to talk about economic problems in Japan.
Japan has many economic problems now.
 a. International competition issues:
Japan's strategy was to export high value products
made with high priced labor and brain power.
Japan's prices were very high
Now other places can compete (Taiwan, Korea, China)
Shift manufacturing to China (more profits, more unemployment)
This issue remains unsolved.

b. Internal business management issues -- incentives, labor resources
keep permanent employment? Allow layoffs, shifting jobs.
incentives for entrepreneurship, creativity, flexibility

c. government fiscal policy:
spent a lot of money for infrastructure (roads, bridges, flood control), very little economic pay-off.
       
d. Economic structural reforms?
Price of rice, whether to allow imports of rice.
Maintain government leadership/control of the economy?

as above stated, Japan has different economic problems.
It will take much time to solve these problems or it may be impossible to solve them.

I think all we can do is to pay more attention to various problems in our own country,
otherwise we may not figure out what is happening in our own country.
Then,we should think about what we can/ should do.