Japanization: What The World Can Learn From Japan'S Lost Decades

A Tokyo-based columnist for Bloomberg describes the political and economic reasons behind Japan's two-decade economic slow-down and discusses why Prime Minister Shinzo Abe's promise of a rosier future isn't realistic under the country's current monetary policies.

William Pesek is a Bloomberg columnist in Tokyo. He provides opinions and commentary on economics, business, markets and politics throughout Asia. His columns routinely appear in the International Herald Tribune, Sydney Morning Herald, New York, Post, The Straits Times, The Japan Times and many other publications around the globe. Previously, he was a columnist for Barron's, the Dow Jones weekly magazine, in Washington, writing about global economics, politics, financial markets, the Federal Reserve, U.S. Treasury Department, International Monetary Fund and World Bank. He has also worked at Dow Jones Newswires in New York covering economics, companies and markets. William was the winner of the Society of American Business Editors and Writers (SABEW)'s 2010 award for commentary. He has a Bachelor's degree in journalism from Bernard M. Baruch College, City University of New York.