In Japan, fiscal stimulus unlikely despite recession

Author: Barron's Asia

Categories: In the News

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

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