Business

Aging & Japan’s Economy

By Zhonghe Zhu — With a median age of 46.5 years, Japan is now home to the world’s oldest population. Without  rising labor force participation, a graying Japan will see its working population shrink. This decline in the labor force…

Testing the “Exception Raj”

By Sarah Watson — On May 26 the Wall Street Journal reported that the Finance Ministry of India’s Foreign Investment Promotion Board (FIPB) had decided not to waive the 30 percent local sourcing requirement for single-brand retail in the case…