Prime Minister Shinzo Abe’s government is “working flat out” to lure more women into the labor force, though current efforts aren’t sufficient to generate the economic growth the country needs, International Monetary Fund Managing Director Christine Lagarde said.
Abe’s policies to make it easier for women to work could, “if implemented aggressively,” add 0.25 percent to expansion - - short of the 1 percent boost needed for his Abenomics stimulus plan “to succeed with flying colors,” Lagarde said at a global forum on women’s leadership in Tokyo. “While women can save Japan, they need help from other structural reforms.”
