ECB and Japan linked by pitfalls of Abenomics
When Mario Draghi ended his term as European Central Bank president last week with a call for government policies to be "mutually aligned" with those of his institution, the message came with an unspoken caveat — it might not be enough. Japan has been attempting ...
Japan Inc. sees 'Abenomics' sputtering and sales tax hike hurting economy, poll shows
Japanese companies overwhelmingly think the nation's longest postwar expansion is peaking, with two-thirds expecting a tax hike imposed this month by Prime Minister Shinzo Abe to hurt the economy, a Reuters poll showed on Friday. Almost all the firms in the monthly Reuters Corporate Survey ...
Unfinished business for corporate leaders
A nation's economic performance and prosperity depends on the animal spirits and leadership of private enterprise.
New Cabinet's must-do economic policies
The Cabinet must pursue management of the economy that will achieve near-term stimulus and medium- to long-term growth.
The consumption tax: Should Japan raise it beyond 10 percent?
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints. After being delayed twice, Japan's consumption tax will be raised to 10 percent from 8 percent on Oct. 1. The tax hike is anticipated to dampen ...
The consumption tax raise hurts Japan and eviscerates Abenomics
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints. The consumption tax hike will absolutely chill consumption, slow down the Japanese economy and weaken Abenomics. While the government has introduced temporary measures, such as a ...
The consumption tax rate needs to be hiked to 15% by 2025 to sustain social welfare
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints. Japan has the grayest society among major developed countries, and the postwar baby boomers will all turn 75 by 2025. Simply, a 10 percent consumption ...
Many Japanese firms pushing back capital investment plans due to growing trade risks
In a potential blow for Prime Minister Shinzo Abe's economic agenda, most Japanese companies have put capital investment plans on hold as a result of the U.S.-China trade war and other global risks, a survey has found. Delaying improvements in factories, equipment and technology could ...
Abe and his new Cabinet face significant obstacles toward reforming nation's social security systems
Prime Minister Shinzo Abe, who reshuffled his Cabinet on Wednesday, said he will boost efforts to reform the nation's social security systems — a top domestic priority for him as he enters the last two years of his final three-year term as president of ...
Decelerating global growth is testing Japan's efforts toward sustained growth driven by domestic demand.
Managing the economy in a slowdown
The Abe administration has secured a stable political footing, but is now confronted with major challenges in its economic policies.
Does Japan's experience vindicate MMT?
Japan's experience doesn't prove that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks.
