Economy

Japan gets serious with new double act

It’s kind of pincer movement. On one hand you have a new (or newish – he has held the position before) Prime Minister of Japan: Shinzo Abe, who is changing Japan’s central bank target. On the other hand you have the new governor of the Bank of Japan, Haruhiko Kuroda,...Read More

Japan moves to stage two, as its economic plight reaches decade number three. Will UK follow in Japan’s footsteps?

The thing about Japan is that it may have high debts – very high debts actually – but it has lots of savings too.

It’s classic stuff. Households saved rather a lot. This meant lack of demand across the economy, and the economy played with recession for nigh on two decades....Read More

Posted Jan 22, 2013

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