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The lasting legacy of Abenomics
Oped, Koichi Hamada, Published on 31/05/2024
» After the 1985 Plaza Accord pushed the yen's exchange rate sharply upwards, Japan's economy suffered a severe slowdown that proved mightily difficult to reverse. In fact, the only prime minister to oversee a period of consistent growth and high employment in the past three decades was Shinzo Abe, during his second term, which began in 2012.
Should fiscal policy resemble private budgets?
News, Koichi Hamada, Published on 06/11/2023
» Every few months this year, the US government appears on the verge of shutting down. It happened in May, when congressional Republicans initially refused to raise the debt ceiling, and in September, when Congress managed to avert a last-minute shutdown by passing a stopgap bill to keep the federal government open until Nov 17.