Japan needs political leadership to carry out regulatory reforms necessary for people to enjoy the benefits of the emerging globalized economy, the head of the Paris-based Organization for Economic Cooperation and Development said Tuesday.
Speaking at the Foreign Correspondents' Club of Japan, OECD Secretary General Donald Johnston said, "Japan still needs to strengthen its competition policy and create independent regulatory bodies for network industries such as telecommunications and the supply of gas and electricity.
"Responding to this challenge requires leadership from Japan's politicians. And it can only happen with the support of the Japanese people."
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.