Category: economy

What now for the Japanese Economy: An interview with with one of Japan’s leading business consultants

Introduction Introduction During my recent visit to Japan, I was fortunate enough to talk and discuss the Japanese economy with one of Japan’s leading business consultants at the American Club in Tokyo. Surprisingly, although I had undertaken, what I considered due diligence in terms of reviewing the available economic data, his views and mine on the current and future outlook for the Japanese economy differed sharply. While I cited evidence of falling per capita income (Japan now ranked 24th in the world

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Economic Costs of Road Congestion in Australia and how to reduce it : Part II

Despite numerous and well-intentioned efforts to reduce road congestion, any relief achieved by these efforts tends to be short lived. Consider the case of the M1 in Queensland The M1 Pacific Motorway to the Gold Coast—particularly the stretch between Brisbane and Tugun—began experiencing congestion issues relatively soon after its initial construction, due to rapid population growth and increased tourism in the region. Motorways are modern examples of Say’s law whereby supply creates demand/ The short sequence between constriction of the

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Economic Costs of Road Congestion in Australia and how to reduce it : Part I

Commuters from outer suburbs of Sydney and Melbourne spend 41% of their commute stuck in traffic, equivalent to ~77 hours/year These delays are roughly two full working weeks per year per driver. Without major action congestion and associated costs are expected to double by 2030 Traffic congestion is a persistent issue in urban areas worldwide, with far-reaching economic consequences. As cities grow and vehicle ownership increases, the strain on transportation infrastructure intensifies, leading to longer travel times, increased fuel consumption, and reduced productivity. The data

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