Questions Japan's ability to maintain its economic success without substantially changing its approach to education. Discusses international responses to the nation's level of exports, the maturing and stabilization of its economy, and the rapid aging of its population and work force as trends that may require significant change. (BC)

Using retrospective data of young people's work experience in Japan, a study found that initial labor market conditions (i.e., when workers first enter the labor market after permanently leaving school) have a significant lasting impact on the employment experiences of workers in their teens and twenties. An increase in the unemployment rate at…