LONDON -- Prominent economists and business experts from Japan, the United Kingdom and other parts of Europe discussed the Kishida administration's ambition to reform capitalism during a forum at the University of Oxford on Feb. 17-18.
Prof. Hugh Whittaker, director of the Nissan Institute of Japanese Studies at the university in Oxford, England, who organized the conference, sounded an alarm over Prime Minister Fumio Kishida's plans to promote the doubling of people's investment income.
He called it "a significant shift" from Kishida's earlier pledge of an income-doubling plan for the Reiwa era, the current Emperor's reign.