Kuroda leads BOJ to a policy crossroads

Jul 30, 2016

Kuroda leads BOJ to a policy crossroads

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After more than three years of pumping out cheap money that has failed to secure its inflation target, the Bank of Japan has signaled a rethink. Instead of buying yet more government bonds, cutting interest rates or pushing further into uncharted territory, the BOJ ...

How to stimulate demand

Jul 17, 2016

How to stimulate demand

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The true value of flexible fiscal policy lies in stimulating domestic demand through meaningful fiscal spending while at the same time ensuring restoration of fiscal health.