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Tags: Current Focus, Japan,
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
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
Hitachi Corporation follows the example of Toyota to raise wages in Japan, answering prime minister Abe's call to raise wages to fight deflation. Suppiers of Hitachi Corp. in Hitachi, Japan, say they face cost pressures and higher prices of imported components with a weaker yen. The suppliers are reluctant to raise wages.
Grouped Articles
Wall Street Journal 03/13/2014
For First Time in Years, a Raise for Many Japanese Workers
New York Times 03/12/2014
Japanese Leader Urges Firms to Boost Wages
Wall Street Journal 02/13/2013
EDITORIAL / Business, labor groups should cooperate for economic recovery
Wall Street Journal 02/13/2013
Japan Unions Win Best Raises in Years
Wall Street Journal 03/13/2013
Risk of Deflation Feeds Global Fears
Wall Street Journal 10/16/2014
Grouped Articles
Pro-Inflation Policies Show Signs of Helping the Japanese Economy
New York Times 05/09/2013
New York Times 05/23/2013
Tokyo's Move to Raise Tax Hits Snag
Wall Street Journal 12/27/2011
Japanese Prices Rise, Signaling Rebound
Wall Street Journal 07/26/2013
Japan Says 'Sayonara' to Deflation Worries
Wall Street Journal 12/26/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
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
Japanâs Economy Growing at 3.5% Annualized Rate
New York Times 05/15/2013
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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