Concerns about Japan’s economy after the electoral shock

Concerns about Japan’s economy after the electoral shock

Political uncertainty following Japan’s election shock risks slowing economic reforms, increasing government spending and even delaying the Bank of Japan’s (BOJ) exit from its atypical monetary policy, economists said. Postwar Japan has long been synonymous with political stability, with the conservative, pro-market Liberal Democratic Party (LDP) in power for all but four of the past … Read more