The COVID-19 pandemic may be in the rear mirror, but Japan is grappling with fresh uncertainties. Inflation, geopolitical tensions, and demographic change raise new demands on fiscal policy. At the same time, the Bank of Japan is dialling back monetary support. How will a Japan that is shouldering high government debt confront these challenges?
Join Moody’s Analytics Senior Economist Stefan Angrick and Paul Sheard, author of The Power of Money and former vice chairman of S&P Global, as they discuss the future of monetary and fiscal policy in Japan.
- What changing inflation dynamics will mean for monetary and fiscal policy
- How higher interest rates will impact government debt and spending
- Japan’s capacity to spend more on defence and social security
- Fiscal implications of reducing the Bank of Japan’s balance sheet
- The decade-old inflation accord between the Bank of Japan and the government
* The webinar will be conducted in English with simultaneous interpretation in Japanese.
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