Sumitimo's Kichikawa Says Yen Rate Is the Uncertainty

Sumitimo's Kichikawa Says Yen Rate Is the Uncertainty

Assessment

Interactive Video

Business

University

Hard

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The video discusses the coordination between fiscal and monetary policies in Japan, highlighting Ben Bernanke's views on the need for longer maturities and support from the Bank of Japan. It evaluates Abenomics, noting its achievements and limitations, particularly the premature consumption tax hike. The discussion also covers Japan's economic challenges, such as deflation and low productivity growth, and suggests potential solutions like deregulation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What criticisms are mentioned regarding Abenomics and the timing of the consumption tax hike?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text suggest that Japan's economic situation is intertwined with monetary and fiscal policies?

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