Youmanitarian
09 Jun 2021
Why is poverty rising in Japan? | CNBC Explains
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#INEQUALITY / Wage Inequality
Despite record employment under Abenomics, Japan’s poverty rate is the second highest among the Group of Seven nations at 15.7%, and above the OECD average. CNBC’s Timothyna Duncan explores the factors behind the country’s prolonged economic malaise.
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