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  • Female office workers wearing high heels, clothes and bags of the same colour make their way at a business district in Tokyo, Japan, 4 June 2019 (Photo: Reuters/Kim Kyung-Hoon).

    The outdated fiscal system in Japan, which deters career building among women, significantly hinders women's economic participation and wage growth. This is despite women's labour force participation standing at an impressive 73 per cent. With the prospect of a severe labour shortage in the decades to come due to a decrease in the fertility rate, there is a dire need for rapid reform as current policies are no longer safeguarding low-income individuals and instead, inhibit women's productivity and wage growth.

Editor's Pick

South Korean President Yoon hits a domestic dead end

Voters overwhelmingly rejected the South Korean conservative agenda in the 2024 parliamentary elections. President Yoon Suk-yeol, already a massively unpopular leader, will likely face calls to resign from within his own party amid a potential investigation of First Lady Kim Keon-hee. Despite this, foreign policy will be the one area where Yoon may be able to make some progress. He will likely continue to strengthen ties with Japan, the United States and Europe despite the legislative deadlock at home.

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Editor's Pick

South Korean ruling People Power Party's leader Han Dong-hoon leaves after a press conference following the 22nd parliamentary election day in Seoul, South Korea, 11 April 2024 (Photo: Reuters/Kim Hong-Ji).

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India's sweet spot
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