In addition, retailinvestors' directshare of Japan's foreign-currencymarketmay be20-30%, whereasindividuals' holdingsof foreign currencyexceedforeigners' holdings of Japanesesecurities.
In a working paper published earlier this year, its researchers focused on shake-ups in labour and product markets, as well as tax reforms like reducing the share of direct taxes (on income) in the total tax take.
EU, its share of foreign direct investment fell sharply in 2002, according to preliminary estimates from the United Nations Conference on Trade and Development.