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Japan’s Keynesian Recession

Wall Street Journal Original article ›

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This WSJ editorial says prime minister Abe deserves to continue his efforts to revive the economy after Abe calls a snap election for Dec. 2014. It says the Finance Ministry's ideas for increasing spending and taxes have not worked to win over deflation. It points to the need for prime minister Abe to take supply side actions and get the Third Arrow of structural reform to work.

Japan's snap election in December 2014 on Abenomics and a strategy to fight deflation

11/18/2014

Prime minister Abe overrules the Finance Ministry by delaying an increase in the consumption tax fom 8 to 10% in 2015. He calls a snap election for 2015. This WSJ editorial says Japan has tried the Finance Ministry's ideas for fiscal spending increases coupled with tax increases without success in fighting deflation, prime minister Abe now needs to get the third arrow of structural reform right and take supply side actions.

Grouped Articles

Japan’s Keynesian Recession

Wall Street Journal 11/18/2014

Calling Early Elections in Japan, Abe Rolls the Dice on the Economy

New York Times 11/18/2014

A Sudden Schism Between Shinzo Abe and the Bank of Japan Governor

New York Times 11/19/2014

Japan’s No. 1 Reflationist Does a Victory Dance

Wall Street Journal 11/20/2014

Nevermind Japan’s Recession Talk. Abenomics Is Working

Wall Street Journal 11/20/2014

With Bad Economic News for Japan, Abe’s Magic Seems to Evaporate

New York Times 11/20/2014

Japan's recession in Nov. 2014, as 3rd quarter GDP decline of 1.6%, follows 2nd quarter GDP decline of 7.1%

11/17/2014

This follows a sales tax increase. A second sales tax increase will now be postponed. The recession was not predicted by economists and comes as a surprise for financial markets.

Grouped Articles

Japan Falls Into Recession

Wall Street Journal 11/17/2014

Japan’s Surprise Recession Spurs Course Correction

Wall Street Journal 11/17/2014

Japan’s Game-Changing Recession Shocker

Wall Street Journal 11/17/2014

Japan’s Abe Poised to Take Election Gamble

Wall Street Journal 11/17/2014

Japan Weighs More Stimulus After Falling Into Recession

Wall Street Journal 11/18/2014

Japan’s Abe Poised to Take Election Gamble

Wall Street Journal 11/18/2014

Shinzo Abe, prime minister 2013- and the economy of Japan

12/19/2012

Grouped Articles

Pro-Inflation Policies Show Signs of Helping the Japanese Economy

New York Times 05/09/2013

Japan Posts Surge in Economic Growth

Wall Street Journal 05/15/2013

Japan’s Economy Growing at 3.5% Annualized Rate

New York Times 05/15/2013

Japan the Model

New York Times 05/23/2013

Japanese Economic Data Give Abe a Lift

Wall Street Journal 06/10/2013

In Japan, a Growth Strategy With Echoes of the Past

New York Times 06/12/2013


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