Japan’s national debt: There’s nothing like optimism—except where it’s unrealistic http://econ.st/1KaskZy
Japan’s national debt: There’s nothing like optimism—except where it’s unrealistic http://econ.st/1KaskZy
Shinzo Abe’s snap election gamble has paid off handsomely, and he may now become one of Japan’s longest-serving post-war prime ministers. The ruling coalition kept its two-thirds super majority in the 475-seat house. The coalition thus retains its power to pass laws without the upper house of parliament http://econ.st/1zntTLA
風傳媒觀點
Shinzo Abe’s snap election gamble has paid off handsomely, and he may now become one of Japan’s longest-serving post-war prime ministers. The ruling coalition kept its two-thirds super majority in the 475-seat house. The coalition thus retains its power to pass laws without the upper house of parliament http://econ.st/1zntTLA
風傳媒觀點
安倍又一次得到了壓倒性的日本選民支持,邁進日本政治歷史上罕見的超長期政權的一步,但安倍首相已經沒有時間沉醉在勝利的美酒之中了,應將精力集中在推行安倍經濟學上,努力恢復日本的經濟發展。
For years, the political consensus has been that Japan's consumption (ie, value-added) tax needs to go up in order to control a ballooning public debt. In April the government of Shinzo Abe carried out a decision made by the previous government and lifted the tax from 5% to 8%. That is still low by developed-country standards, but it seems to have inflicted more pain than most predicted http://econ.st/1vF8sFs
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