Why Japan Should Delay Consumption Tax: BNY Mellon's Cox

The transcript covers a range of topics including potential snap elections in Japan and the impact of the consumption tax on Abenomics. It discusses Japan's debt situation, highlighting the low cost of financing and internal ownership of debt. Political challenges faced by the government, such as declining poll numbers and unpopular policies, are explored. The transcript also examines the yen's value, export dynamics, and geopolitical relations, particularly with China. Finally, it addresses climate agreements, focusing on China's emissions and the pressure on India to follow suit.

What are the implications of Japan's debt being primarily owned by Japanese bondholders?

How might the geopolitical risks affect Japan's economic policies?

What are the expected outcomes of the upcoming G20 meeting in relation to climate agreements?