Business, Economics and Politics
Kursinhalt
This is recommended for INTERMEDIATE to ADVANCE students.
In this lesson, we will read and discuss articles on business, economics and politics. You are encouraged to speak your mind and pose rational questions about the topic being discussed.
If there's a specific article that you would like to study, please send it to me at least 2 days before the lesson.
Here's an excerpt from an article in The Wall Street Journal:
Mr. Abe's Missing Arrow
If there's one reform that's symbolic of Prime Minister Shinzo Abe's eponymous program to rejuvenate the Japanese economy, it's immigration.
No one should underestimate the economic damage done by the country's demographic emergency. Deaths have outnumbered births since 2005, and now that the inflow of expatriates is slowing, the net population has contracted for two years in a row. Fewer people means fewer consumers. This is one of several interconnected explanations for why Japanese companies are so reluctant to invest at home. It also means fewer workers. One implication is that unless Japan could radically increase productivity per worker—by as much as 3% or 4% per year, an unusual level for a fully developed economy—it will be impossible to deliver the sustained 2% GDP growth Mr. Abe has promised.
http://online.wsj.com/article/SB10001424127887324637504578568613127577972.html
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