William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Prime minister must drastically pick up the pace on reform

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."