Has the sun set on Japanese-style development?

Source: Wikimedia Commons

In 1960, a mere 15 years since Emperor Hirohito announced the surrender of a war-torn Japan, newly inaugurated Prime Minister Hayato Ikeda announced a bold initiative to spur on further development in the Japanese economy, that despite post-war reforms and improvements, still lagged behind leading Western economies. This initiative was the Income Doubling Plan, and… Continue Reading ➤

A Transport Revolution? Don’t Bet on It

Take-off from London Heathrow (Source: Benson Kua)

“The biggest road building program since the Romans”, the “most extensive overhaul of our railways since the Victorians” and “modern aviation fit for the modern world”. Sound familiar? These are just some of the bold claims politicians have pedalled over the years about the need to modernise transport infrastructure in the UK. Unsurprisingly, the reality… Continue Reading ➤