ING: Japan's 2Q GDP Growth Won't Be Much Better

The video discusses the impact of a global minimum tax on corporates in Asia, highlighting that companies in high-tax countries like Japan are unlikely to evade taxes. It also explores inflation concerns, emphasizing the potential shift from transitory to non-transitory inflation and its effects on wages and prices. The video analyzes recent economic data from Asia, including PPI and GDP figures, and discusses post-pandemic consumer behavior, noting the slow vaccine rollout and its impact on spending patterns.

What is the proposed global minimum tax rate for corporations discussed in the video?

• 10%

• 25%

• 20%

• 15%

Which country's corporate tax rate is mentioned as being over 30%?

• Japan

• India

• South Korea

• China

What is Janet Yellen's stance on inflation according to the video?

• Inflation should be avoided at all costs

• Inflation is always harmful

• Inflation is not necessarily bad even if not transitory

• Inflation is beneficial if it is not transitory

What could potentially cause a persistent inflationary environment?

• Decrease in commodity prices

• Increase in wage rates

• Stable labor supply

• Reduction in unemployment benefits

What economic data from Japan is discussed in the video?

• Unemployment rate

• GDP numbers

• Trade balance

• Inflation rate

What is one reason for China's rising inflation according to the video?

• Reduction in government spending

• Hoarding of commodities

• Increase in foreign investments

• Decrease in exports

What is a significant factor affecting post-pandemic consumer behavior in Asia?

• Rapid vaccine rollout

• High government stimulus

• Slow vaccine rollout

• Increase in tourism