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  • Japan’s ‘national resilience’ has taken a battering

    Financial Times - 02/22/2022

    In a recent article, Daniel Aldrich of Northeastern University explained the political instinct that sucks Japanese policymakers towards physical infrastructure and megaprojects. They are tangible symbols of “doing something” in a country that averages a new prime minister every two years; the cost-benefit analysis of concrete is more straightforward than alternative, non-physical projects; the construction industry is a powerful lobbyist.

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