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The Trap of Sanaenomics' "Responsible Active Fiscal Policy": "Wage Increase Pressure" on Companies Holds the Key to Its Success
Summary by toyokeizai.net
1 Articles
1 Articles
In her policy speech, Prime Minister Sanae Takaichi mentioned "responsible active fiscal policy." Given the labor shortage, a simple macroeconomic policy of active fiscal policy alone would end in failure. However, if combined with microeconomic policies that thoroughly promote wage increases, Sanae...
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