The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
Much attention has been given to Japan's need to restructure its economy and its bureaucracy, but little critical analysis has addressed the necessary role of immigration policy in Japan's reform process. A series of economic, demographic, and political factors are converging to require that Japan adopt a more open policy toward immigration if it is to ensure its place as a global leader.
Source: Washington

About the Authors
Demetrios G. Papademetriou was a senior associate and co-director of the International Migration Policy Program at the Carnegie Endowment.
Kimberly A. Hamilton is a senior international program officer at Alcoa Foundation.
Former Senior Associate
Kimberly Hamilton
The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
Morocco and Algeria, each in its own way, are having to navigate the global economic fallout of the U.S.-Israeli military campaign against Iran.
Yasmine Zarhloule
In an interview, Ishac Diwan looks at the merits and flaws in the draft legislation distributing losses from the financial collapse.
Michael Young
Mustaqbal Misr has expanded its portfolio with remarkable speed, but a lack of transparency remains.
Yezid Sayigh
Arab diaspora business communities in Egypt often mirror the same systemic challenges facing Egyptian businesses.
Nur Arafeh, Yezid Sayigh, Qaboul al-Absi, …