External Expansion Limited

Showing posts with label Japan. Show all posts
Showing posts with label Japan. Show all posts

Thursday, 10 April 2014

JAPAN: AN EXAMPLE TO FOLLOW FOR THE EUROPEAN COMMUNITY


Japan is currently the world's third largest economy after the U.S. and China. However, the country's traditional policy given its cultural conviction and a series of events outside their control have catapulted to a continued deadlock in time for decades. It was break the routine combining perfectly both monetary and fiscal policy, so it starts to show signs of a speedy recovery and hope to continue down the path right. Japan begins to leave behind deflation and would be interesting that the European Central Bank take note of how to do following suit.