Peter Day's World of Business

Two Views of Japan

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Synopsis

The last twenty years in Japan look to have been abject grey economic failure. It seems that successive attempts to restart he economy have not worked. But if you look around Tokyo it's a country that still appears very rich. So what is going on here? Peter Day attempts to find out by hearing two contrasting views of Japan. Noriko Hama is Economics professor at Doshisha University, Kyoto and very pessimistic on the plight of Japan, but Eamonn Fingleton Tokyo based author, is writing a book on why Japan is much better off than it seems. Producer: Richard Berenger Editor: Stephen Chilcott