The Economist (US), January 29th, 1994
Experts are optimistic and predict that the gross domestic product of Japan will grow 0.9% in 1994 as consumer spending increases about 2%. The economy is currently sluggish, and Japan is also grappling with turmoil over political reforms.
JAPAN'S businessmen, worried already by economic conditions, have been driven deeper into gloom by political turmoil. But beyond the immediate mess, there is a glint of good news.
The political crisis started on January 21st when the upper house rejected the government's proposed political reforms. By mid-week, the government was struggling to get a deal w...
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