Japan Ahead: Former BOJ Board Member Shirai

The video discusses Japan's economic outlook, focusing on inflation trends, JGB yields, and the Bank of Japan's monetary policy. It highlights the impact of former Prime Minister Suga's policies on inflation and the current government's efforts to stimulate economic growth through stakeholder capitalism and wage increases. The video also addresses concerns about rising inflation and its effect on real income.

What is the expected inflation rate starting in April, and what is causing this change?

• 2% due to increased commodity prices

• 4% due to the removal of mobile price declines

• 5% due to global economic trends

• 3% due to government intervention

How is the Bank of Japan managing the rising JGB yields?

• By targeting a 10-year yield around zero percent

• By reducing JGB purchases

• By selling foreign reserves

• By increasing interest rates

What economic growth rate is expected for Japan from October to December?

• 6%

• 7%

• 5%

• 4%

What measures has the Japanese government taken to support the economy during the COVID-19 pandemic?

• Increased taxes

• Cash distributions to affected individuals

• Increased import tariffs

• Reduced public spending

What is the main challenge in achieving stable wage growth in Japan?

• Uncertainty in economic growth

• Stagnant corporate profits

• High corporate taxes

• Lack of skilled labor

What is the term used to describe the political push for companies to raise wages in Japan?

• New Capitalism

• Stakeholder Capitalism

• Corporate Social Responsibility

• Economic Nationalism

Why might companies prefer to increase bonuses rather than base wages?

• To avoid long-term commitments

• To comply with government regulations

• To attract foreign investment

• To reduce tax liabilities