Mr Yen yearns for political, economic reforms

Eisuke Sakakibara, the man known as Mr Yen for his ability to move the currency markets in Japan, spoke to FinanceAsia.com about the urgent need for political and economic reform, if Japan is to fully emerge from the financial crisis and increase productivity and economic growth.

Q To what extent do you think Japan is now beginning to emerge from the recession

A That's very difficult to say. The Japanese economy has a dual structure one side of the structure is very competitive, export-oriented big companies like Toyota, NTT DoCoMo. The other is a very domestic sector which in terms of employment occupies something like 85% of the total economy and...

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