Robert Feldman
Robert Feldman
begin bit catch export growth imports japanese moderate partly point relatively slowing surplus
The surplus will begin to moderate at some point relatively soon, partly because of some slowing in U.S. growth and partly because Japanese imports will begin to catch up a bit to the export surge.
appear debate expected
For now, things appear to be fine. The debate right now is how big a slowdown can be expected in 1997.
areas bills civil financial government medical next passage postal public reform sector service stunning virtually
With such a stunning result, passage of the postal reform bills is virtually assured. The next areas are medical reform, civil service reform, public sector outsourcing and government financial institution reform.
capital economy expect fast project reasonably scarce wasted worried
When I see that waterfront project as a taxpayer, I'm worried. But as an economist, I'm even more worried because I see capital being wasted in an economy where it will be very scarce reasonably soon. And that has something to do with how fast you can expect the (Japanese) economy to grow.