Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Your new post is loading...
Scoop.it!
Will leader Fumio Kishida's plans to share the wealth materialise? 
No comment yet.
Sign up to comment
Scoop.it!
US and European policymakers once believed they had the tools to deal with sluggish recovery
Graham Watson's insight:
Is Europe the new Japan? Certainly, Mohamed El-Erian argues that it's displaying many features of 'Japanification': weak growth, disinflation and perpetually low interest rates.
He goes onto suggest that the solutions to these problems are tough - requiring prompt action and political consensus, and that the latter is, unfortunately, difficult to secure.
Abenomics all round, I say!
|
Scoop.it!
Analysts had tipped the world's third largest economy would shrink slightly at the start of 2019.
Graham Watson's insight:
Better than expected news for Japan - and little sign of a return to the stagnation, and deflation of the previous decade, I hope.
Scoop.it!
The world's third largest economy shrinks for the first time in two years as private consumption slowed.
Graham Watson's insight:
It seems that Japan isn't out of the woods yet. The economy shrank in the first quarter of the year, halting nearly two years of growth.
|
This lovely BBC article looks at how the election of a new Prime Minister, Fumio Kishida, on the Japanese economy, noting that his commitment to a 'new capitalism' based on greater equality has had an adverse effect on share prices among other things.
The truth is that he's inheriting a difficult job: having been the poster boy economy for the 1970s and 1980s, the Japanese economy has stagnated over that last three decades and even seemingly bold initiatives like Abenomics have done little to change that, and there's also rising levels of discontent too.