Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.
For Emi Urabe's latest contributions to The Japan Times, see below:
A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus. "There are a lot of possibilities,” said Keisuke Suzuki, who heads the ...
One of Suga’s economic advisers says the government needs to spend ¥40 trillion in its third extra budget to stop a surge in unemployment and prevent the suffering that would come with it.
"What’s key for the Japanese economy now is whether we can strengthen our growth strategy and conduct reforms," said Mitsumaru Kumagai, chief economist at Daiwa Institute of Research Ltd.
Gross domestic product grew an annualized 21.4% in the three months through September from the previous quarter, expanding at the fastest clip since 1968.
The one-stop venue could start operating as soon as next spring, with English-language filing to begin before that in early 2021 via the Financial Services Agency.
The vice finance minister said tax cuts and other tweaks to regulations ultimately matter less than whether Japan can bring back business opportunities for firms.
Slow response due to small government and lack of digitalization has seen some companies go out of business.
Factor in those on partially paid leave and the 2.6 percent rate hits 11.5 percent. Then there's the 940,000 who left the labor force in April but weren't counted.
Prime Minister Abe’s team is working on steps to save jobs and spark a v-shaped recovery, but is money all it takes?