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The world has come to think of Japan as the economic equivalent of Duran Duran – an over-hyped 1980s phenomenon that has fallen into justly deserved obscurity.
Month: June 2011
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How much more “emerging” have the emerging markets left to do? Probably not much, given the vast amount of capital and hope invested in the asset class already.
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Disaster reveals national character in the starkest possible way. Japan’s response to the unprecedented triple blow of earthquake, tsunami and nuclear meltdown has demonstrated both its strengths and weaknesses – to the world and perhaps to the Japanese themselves.