Japan Institute for National Fundamentals
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Speaking Out

Etsuro Honda's Archives

February 5, 2024   The Bank of Japan has persistently continued with monetary easing in order to completely overcome deflation that has been stagnating Japan’s economy for a long time. Under its mon...

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January 22, 2024   In 2023, it became certain that Japan’s nominal GDP (gross domestic product) on a dollar basis was overtaken by Germany, dropping Japan to the fourth largest economy in the world....

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November 27, 2023   Article 4 (1) of Japan’s Public Finance Act, the basic law on national finances, provides for the balanced budget principle that denies dependence on government bonds, while exce...

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October 30, 2023   A draft of new economic measures that the Japanese government will compile soon includes “strengthening supply capacity” and “returning surplus to the people” as its pillars. The ...

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August 7, 2023   At its Monetary Policy Meeting on July 27-28, the Bank of Japan (BOJ) decided to immediately make flexible its yield curve control (YCC) as a means of large-scale monetary easing, w...

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July 10, 2023   Recently, the trend of a weak yen continues with the dollar being worth in the 140-yen range. This weak yen has brought about self-deprecating criticism that it has caused an increas...

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March 13, 2023   The Bank of Japan in early April will launch a new leadership including economist Kazuo Ueda as governor, former Financial Services Agency Commissioner Ryozo Himino and BOJ Executiv...

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