Shinzo Abe’s snap elections: Can they save Japan’s flagging economy? Mark Williams, chief Asia economist at Capital Economics, says Yes. The lustre has come off Abenomics and its three arrows of fiscal, monetary and structural reform. The decision to postpone the sales tax hike that had long been scheduled for next year puts a huge dent in the government’s goal of eliminating the budget deficit [...]
After growth picked up in the second quarter, is a Chinese hard landing now unlikely? Mark Williams, chief Asia economist at Capital Economics, says Yes. The advantage of a state-led system like China’s is that policymakers have plenty of levers they can pull to prevent a slump in growth. We’ve had a little taste of that in recent months. There’s been a burst of spending on infrastructure such as railways, [...]
