"It isdifficulttoaccept a reform proposal which focuses on pay and workforce modernisation without having assessed what is actually expected from the police service, " she says.
As markets tumble and commentators tear their hair, itisdifficulttoaccept that Japan's recession may have useful side-effects of this kind but that makes it no less true.
But when investors demand a certain level of payment for the risks of lending to a country like Italy, history shows itis incredibly difficultto persuade them toaccept a lower rate of interest.