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November 15, 2018

The Tenuous Myth of Japan’s Fiscal Infallibility

As Japan’s debt-to-GDP ratio approaches 250%, policymakers must carefully examine the potential fallout of fiscal insolvency and prepare a contingency ...

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September 18, 2018

The Bane of a “Bubble Era” Tax Windfall
Why Higher Tax Revenue Is No Cause for Celebration

Newspaper headlines talked of a “26-year high” in tax income, reaching levels not seen since the bubble years. The claim ...

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November 09, 2017

Advance Planning for Fiscal Insolvency

With a fiscal deficit more than twice its gross domestic product and a rapidly aging society, Japan needs a Plan ...

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June 22, 2015

China’s 2015 Economic Roadmap

How worried is Beijing about the slowing economy, and what can it do to regain lost momentum while controlling risk? ...

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February 03, 2012

Confronting the Risk of a Fiscal Meltdown

The Noda cabinet’s plans for raising the consumption tax from 5% to 10% have come up against fierce political opposition. ...

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October 06, 2011

Political Hurdles to a Japan–South Korea EPA

One of the major items on the diplomatic agenda of newly installed Prime Minister Yoshihiko Noda is a summit meeting ...

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November 26, 2010

The DPJ’s True Mandate

A year and several setbacks after the election that swept the Democratic Party of Japan to power in 2009, DPJ ...

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May 20, 2010

The Long Road to Fiscal Stabilization

While the ballooning fiscal deficit is not an immediate threat to the Japanese economy, the continued issuance of bonds to ...

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