OECD's Mann Floats Idea of Helicopter Shopping Coupons

The video discusses the challenges of low nominal GDP growth and the need for policymakers to utilize a range of tools, including fiscal, monetary, and structural policies, to achieve faster growth. It highlights Japan's economic issues, such as demographics and lack of structural reform, and suggests long-term fiscal investment as a solution. The video also debates the effectiveness of helicopter money, suggesting it may not significantly boost economic growth without changes in consumer behavior.

What is the relationship between fiscal investment and labor force participation as discussed?

What does the speaker suggest is necessary for boosting productivity in Japan?