Discuss in details four traditional and continuing features


Below please find two assignment questions (short-essay). See if the expert can handle them.

1. Discuss in details four traditional and continuing features of the Japanese economy. (Salarymen, Keiretsu, Quasi-lifetime employment, wage seniority, job rotation, Enterprise Union, and etc, you can think of something else if possible) Which of these features would you expect to disappear and which may continue? Why?

2. Discuss in details the economic problems facing Japan. What is Abenomics? Can it help solve Japan's economic problems? According to the latest IMF advice, what should the Japanese government do about Abenomics? Do you think Japan should follow the advice of the IMF? Why?

There is no constraint on the word limit, as long as the response is sufficient to meet the requirement of the corresponding question.

Reference Articles - 

1. IMF - Japan: Staff Concluding Statement of the 2016 Article IV Mission

2.The New, Improved Keiretsu by Katsuki Aoki and Thomas Taro Lennerfors

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Macroeconomics: Discuss in details four traditional and continuing features
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