In the News
Japanese economy contracts by 4.8% in 2020
15th February 2021
It seems that all developed economies have taken a significant Covid-related hit - some, notably the UK, more than others.
However, even economies that have had relatively few casualties, such as Japan have been affected.
The Japanese economy shrank by 4.8% in 2020, even though growth surged back in the second half of the year. However, the downside is that Japan's rollout of the vaccine is lagging behind the West, and many expect growth in the first quarter of 2021 to be negative.
That said, the Japanese stock market has climbed to levels last seen thirty years ago - a reflection perhaps of growing investor confidence in a post-covid macro bounce. For the first time since August 1990, the Nikkei index touched the psychologically important 30,000 mark.
You might also like
Japanese Economy - Abenomics
Study Notes
An update on Abenomics (September 2015)
11th September 2015
Macro Policy Challenges in India and Japan
26th January 2014
Today Singapore and Japan, Tomorrow China
10th February 2013
Richard Koo - Japan and the Balance Sheet Recession
24th December 2014
Economic trade offs: Japanese fiscal policy transmits to GDP growth rate
17th November 2014
Japan and South Korea Macro Performance Compared
Study Notes
Fiscal Policy - Bond Yields
Study Notes