Retrieving "Labor Market" from the archives
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Japanese Economic History
Linked via "labor market"
Structural Reform and Recovery (2002–2008)
Under Prime Minister Junichiro Koizumi (2001–2006), Japan pursued significant structural reforms, including postal privatization, labor market deregulation, and banking consolidation. These measures, combined with global economic expansion and rising commodity prices, generated renewed economic growth averaging 2.7% annually.
The Nikkei 225 index recovered substantially, and corporate profitability rebounded. This period demonst…