Womenomics
I confess I'd never heard of womenomics before, but an interesting piece in last weekend's Financial Times put me right. It's based on a profile of Miho Otani, a Japanese woman who commands a 3500 tonne warship. She is intended to represent Prime Minister Abe's drive to have women occupy 30% of the country's management position by 2020 . ('Abenomics' was coined to describe the PM's economic strategy, hence the fellow-neologism.) The initiative, apparently, stands little chance of reaching its target. In a way Japan, with Korea, encapsulates the Paula Principle more than any other country. Japanese women are highly educated. Young Japanese women enter the labour market in large…
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