In Japan, fiscal stimulus unlikely despite recession

Barron's Asia
November 19, 2015

On the heels of news that the Japanese economy contracted by 0.8% in the third quarter, Prime Minister Shinzo Abe’s government is unlikely to consider stimulus measures, Sasakawa USA’s Tobias Harris told Barron’s Asia this week in an article by Shuli Ren.

“The Abe government’s initial response to the GDP data was to minimize the significance of the downturn and push back against the argument that aggressive fiscal stimulus is needed to support the economy,” Harris said in the article.

Read the full article here.

 

 

Print Friendly, PDF & Email

Related Post