Bank of Japan’s focus on yen made Japan Inc complacent, says Abenomics critic

The Bank of Japan’s focus on keeping the yen weak and bolstering stock prices has made executives complacent and hurt corporate competitiveness, says a former state banker turned critic of Prime Minister Shinzo Abe’s pro-growth policies. Akira Kondoh, who led a state-owned bank that funded big infrastructure projects touted as pillars of “Abenomics” stimulus measures, said the programme has failed to deliver on corporate reforms and deregulation. Abenomics only gave people the impression the government was doing something … but many things remain undelivered,” the former governor of the Japan Bank for International Cooperation (JBIC) told Reuters on Tuesday. After coming to power in 2012, Mr Abe deployed a mix of radical monetary easing, increased fiscal spending and strategies to boost long-term economic growth in a plan dubbed “Abenomics”. Read More @ https://www.businesstimes.com.sg/government-economy/bank-of-japans-focus-on-yen-made-japan-inc-complacent-says-abenomics-critic

TECHNICAL CHART

50 PIPS FOR TODAY

The JPY will continue to strengthen as the global economy hits up and uncertainty around the world. China & US trade will also push JPY stronger together with Gold.

LEARN MORE WITH FINWAZE FOR FREE – CALL SHARON @ 09199104104 FOR FREE 3 DAYS CLASS – You will learn Philippines Stocks/Shares and Global Currencies and also how you leverage the banks in the Philippine to make money.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

1 Comment
  1. storno brzinol 1 month ago

    I intended to send you the tiny remark in order to say thanks yet again with your magnificent information you’ve contributed at this time. This is really shockingly generous of people like you in giving openly all a number of people might have distributed for an e book to generate some money for their own end, chiefly since you could have tried it if you ever wanted. The smart ideas additionally worked to become good way to comprehend some people have similar dreams the same as my own to understand great deal more in respect of this issue. Certainly there are lots of more enjoyable opportunities up front for individuals that read your website.

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?