We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

High stakes pachinko

15 December 2010 By Martin Hutchinson

Monday’s 5 percentage point corporate tax cut is a shift from Keynesian to supplyside stimulus. It’s a big risk, but policies austere enough to halt debt growth would be political and economic suicide. If the new approach fuels growth, it could end Japan’s sick man status.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)