Description
Many outstanding questions concern the accidents at the Fukishima
nuclear power plant in the wake of the March earthquake, tsunami and
ongoing aftershocks in Japan. Japanese prime minister Naoto Kan has
criticised the plant's operator Tokyo Electric Power Company and its
executives for their handling of the situation and in recent days the
company has apologized for the nuclear crisis. But it's not surprising
that top-level executive decision-making has come under scrutiny in
Japan, says Hodaka Morita, a professor at the Australian School of
Business and an Australian research fellow. Recent economic history has
made many Japanese workers better at calling the shots than their
bosses, he claims.
Many of the world’s economies are still struggling to recover from the
global financial crisis. The threat of a crisis Mark II is not out of
the question, though it’s unlikely, says Anne Krueger, a former chief
economist of the World Bank, and first deputy managing director of the...
Published 10/04/12
Australia, with its sound and well-managed financial system, stands to
reap significant benefits from the economic growth in Asia. But a key
question remains: how should Australia position itself in the Asian
century? Reaching a consensus on this is crucial, according to Masahiko
Takeda,...
Published 10/04/12