World Bank Economist Both Hopeful, Cautious about Abe’s Economic Policy
Commenting on Abe’s demand that the Bank of Japan set an inflation target of 2 pct and continue providing liquidity till the target is achieved, he said the BOJ’s expansion of liquidity supply to push up prices through enhanced purchases of government bonds and other assets is “very understandable.”
But he quickly added that “these are risky moves, especially when we are trying to get inflation up to a certain level, because once it is up, it is not always very easy to turn it back and keep it under control.”
World Bank cuts Japan estimate due to isle row
“In Japan, the current dispute with China (over the Senkaku Islands) is sapping growth, while the country’s huge fiscal debt requires attention,”
Abe seeking monetary soulmate as next governor of BOJ A look at the contenders for the job of BOJ Chief.
Abe says his BOJ chief must be deflation foe
In new BOJ chief, Abe must weigh management, policy skills
Government officials say supporting Abe’s policy of pursuing further monetary easing measures is the “minimal requirement” for the new governor, whose appointment must be approved by both chambers of the Diet.
Showdown over sales tax breaks on the horizon
A political showdown is approaching as the two ruling parties continue talks to nail down details of tax reform by their self-imposed deadline of Jan. 24
Abe on Tour:
Abe heads off for Southeast Asia tour
Abe embarked on a trip Wednesday to Vietnam, Thailand and Indonesia
Japan woos Vietnam amid shared China concerns
tensions between Vietnam and China have also been rising over Beijing’s claims over the resource-rich South China Sea
Hatoyama, former Chinese official discuss islets
Former Prime Minister Yukio Hatoyama has exchanged views with former Chinese State Councilor Tang Jiaxuan on the Senkakus row
