Editorials Aug 25, 2016
Instead of selling rosy high-growth scenarios, the Abe adminstration should present a concrete and credible road map for fiscal rehabilitation.
Instead of selling rosy high-growth scenarios, the Abe adminstration should present a concrete and credible road map for fiscal rehabilitation.
Japan's debt stood at a record-high ¥1.053 quadrillion ($8.78 trillion) at the end of March, the Finance Ministry said Friday, increasing pressure on the government to take further austerity measures. The ministry also projected the debt would reach ¥1.167 quadrillion by the end of fiscal ...
Japan's current account surplus for fiscal 2013 falls sharply from the peak reached just six years ago, indicating that the old export-driven model of economic growth may be over.