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Kishida's failure to act on his ideas has left Japan flailing

Prime minister must drastically pick up the pace on reform

| Japan
Fumio Kishida holds up a placard reading "new capitalism" at a debate session in Tokyo in October 2021: He displayed a keen understanding of what Japan has to do to regain its once-vaunted animal spirits.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

The only thing falling faster than Fumio Kishida's approval rating is his tolerance for taking risks to upgrade the world's third-biggest economy.

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