Ex-Finance Minister Jun Azumi highlighted that recent polls showed 70% of the public are against holding the Tokyo Games.
For Yuko Takeo's latest contributions to The Japan Times, see below:
The value of overseas shipments jumped 16.1% from a year ago, for the biggest increase since November 2017.
The slow rollout means struggling businesses and fearful shoppers will have to hold out for longer as the economy's recovery is delayed by as much as two years compared with global peers.
Some ruling party lawmakers are calling for more stimulus along the lines of the massive aid package adopted this month in the United States.
Experts say that suppressing activity for a little longer won’t add too much extra damage to an economy that is already showing some signs of recovery even under existing restrictions.
Ahead of a policy review, BOJ Gov. Haruhiko Kuroda said this week his 2% goal won't be reached before 2024, amid concern price and pay cuts could dent sentiment.
Economists warn that the full impact will depend on whether the newly-imposed lighter measures are enough to rein in the spread of COVID-19.
China’s crackdown on Hong Kong has raised hopes Tokyo may be able to compete as a financial hub, but the numbers still don't work in Japan's favor.
Slumping energy costs and record virus cases that kept shoppers home darkened the recovery outlook, delivering sales declines that doubled analysts' forecasts.
Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.