Japan Eyes Green Energy, Health As Growth Tonics
From CNBC
Japan’s government on Tuesday approved its new long-term economic revival plan, which focuses on renewable energy, healthcare and farming, but economists were skeptical about whether it would really help Tokyo hit its growth targets.
Japan needs solid economic growth to have a fighting chance of reducing its public debt burden, which already exceeds two year”s worth of economic output and which economists say cannot be brought down by raising taxes or cutting spending alone.
