Local Governments

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China is seeking to shift local policymakers' mindset away from growth at all costs toward social goals, but this requires resetting incentives and fiscal priorities. Real estate development has driven immediate economic growth while squeezing out industrial investment.

Riportato dall'IA

A growing number of local governments in Japan are making it easier for male workers to take paternity leave, aiming to retain staff amid ongoing population shifts to larger cities. In fiscal 2024, 58.5% of eligible male local government employees took child care leave, surpassing 50% for the first time. Among administrative officials, the rate reached 75%.

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