Report
Nadya Mihaylova

Bolstering Japan’s growth credentials

Japan's economy is much maligned: its painfull progress over the past 25 years has engendered deep distrust in its political leadership in the realm of economic policy. Yet, in summer 2017, it is the upbeat economic news that could revive Abe's plunging approval ratings, following a series of political scandals. Preliminary data for April-June quarter registered an annualised improvement of 4 per cent in 
GDP, 3.7 per cent in private consumption and 9.9 per cent in capital expenditure. While subsequent revisions may take the edge off the strong readings, the sequential improvement in Japan's real output and expenditure is a couse for celebratrion.

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Economic Perspectives
Economic Perspectives

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Analysts
Nadya Mihaylova

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