Feb 17, 2015

Carefully tune economic policies

At a time when the global economy remains weak, Japan should carefully consider what policies to pursue to put itself on a path of stable recovery.

Feb 13, 2015

Global economy's Chinese headwinds


Last year, interest rates were supposed to start rising in the U.S. and U.K. and quantitative easing would deliver increased inflation in Japan. Twelve months later, economic headwinds from China are a major reason why normality seems as distant as ever.

Nov 4, 2014

The six years from 2008 show Keynes was right


The main lesson from all the policy experiments conducted worldwide since the 2008 financial crisis is that government decisions on taxes and public spending have turned out to be more important as drivers of economic activity than the monetary experiments with zero interest rates ...