Womenomics in Japan

“Womenomics” is a key pillar of Prime Minister Shinzo Abe’s economic growth strategy. In 2013, just 64 percent of Japanese women aged 15–64 were participating in the labor force — a low rate by OECD standards.

As Japan’s labor force is already in decline, it is wasteful that women, and particularly those with higher educations, have been underutilized. T…