Japan's inflation revolution

Output gap and inflation: the case of Japan

Moreover, if we call a fall in the price level deflation, the Japanese economy experienced deflation in 1994 and 1995. The inflation rate measured by the GDP ...

Will Japan have a financial crisis anytime soon?

So it is hard to inflate the debt away by an asset swap, as the “new money” might simply be saved and prove irrelevant. It is true that the ...

Japan: Towards a change in inflation regime

Japanese inflation continues to rise. The BoJ's main measurement, which excludes fresh food products, resumed its increase in April (3.4 ...

The Great Inflation: The Rebirth of Modern Central Banking

The story he tells is that the Bank of Japan initially eased monetary policy too far in 1972 in the face of a stronger economy by lowering the official discount ...

External Economic Relations: From Recovery to Prosperity to ...

During these good times, the Japanese economy grew stronger, becoming the second-largest free-market economy in the world in 1968. In that same year 1968, ...

The IMF and the Silent Revolution

The greatest economic success of the 1980s was the taming of inflation in industrial countries. The second oil shock may have aggravated the problem, but it ...

Japan's mind-bending bento-box economics - The Economist

Between 1991 and 2021 Japan's annual inflation rate averaged 0.35%. Inflation has been above 2% every month since April 2022. In March the ...

The Great Inflation and Early Disinflation in Japan and Germany

This is prob- lematic in studying the 1970s, because (i) the Bank of Japan was not independent over this period, so senior members of the Japanese government ...

Japan has gone its own way on fighting inflation - The Conversation

With an inflation rate peaking at just 4.4%, Japan seems to be getting something right about managing economic pressures.

How Japan Kept Inflation Rates Low: News: The Independent Institute

Tokyo has endured ultra-slow monetary growth for decades. From the bursting of Japan's financial bubble in 1992 to the onset of Covid in 2020, ...

Why The Japanese Are Hating The Inflation They've Craved For 25 ...

It's what economists call “bad” inflation. Since the late 1990s, Japan had been trying to generate “demand pull” inflation driven by rising ...

Historical Background of the Japanese Restrictive Immigration Policy

It invited a trade friction between Japan and the United States and, eventually, led to the Plaza Accord which ignited a steep appreciation of ...

Inflation and its demons define Japan's precarious 2023

In a year marked by a slow pandemic recovery, global conflict and interest rate hikes, the Japanese economy faced inflation, exchange rate ...

Governor Talks - Where is Japan on Inflation and Monetary Policy

In 2024, the Bank of Japan (BOJ) discontinued the policy framework known as Quantitative and Qualitative Monetary Easing with Yield Curve ...

Japan PM says new inflation-relief steps to be drawn up around fall

Prime Minister Fumio Kishida says that the government will compile fresh inflation relief steps around this fall, providing cash handouts to ...

Politics of climate change and energy policy in Japan: Is green ...

This emphasis on innovative technologies differs widely from the EU's REPowerEU and the US Inflation-Reduction Act, where the focus is on already commercially ...

Japan brings era of negative interest rates to an end with first hike in ...

As inflation rose and interest rates elsewhere went up, pressure had grown on the BOJ to wind down its negative interest rate policy (NIRP).

Japan's unfinished policy revolution - Financial Times

Prime Minister Shinzo Abe's goal of 2 per cent inflation within two years is ambitious – and Mr Kuroda now has a bold policy to meet it. The ...

Japan: Inflation rises due to COVID and Ukraine war - DW

Japan has not experienced sharp price rises since the 1970s, but its economy is now feeling the aftershocks of the pandemic and the war in ...

Japan, Moving Toward a More Advanced Knowledge Economy

By 1974, Japan's inflation rate was the highest among the developed ... called the IT Revolution, the Japanese economy was suffering from the collapse of.