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Since the inauguration of the first “Shinkansen” high-speed railway line in Japan—the Tokaido Shinkansen—in 1964, Japan's high-speed railway lines have been a great success. On the other side of the coin, however, Japan's second phase of constructing high-speed lines, which was first planned in 1973, has made little progress over many years. It is thus interesting to consider why such a contrast between...
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