Japan Options Apr 19

POLICY COMPASS: JAPAN

Monetary and Fiscal Easing Space Is Available In A Downside Scenario

by Nouriel Roubini

10 April 2019

In this paper we discuss:

• The state of the Japanese economy;
• What the government could do to ease Japan’s fiscal stance;
• What the BOJ could do to ease the monetary policy stance;
• What macroprudential measures can be adopted to incentivise lending and protect banks; and
• The market implications of all the above.

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Download PDF: R&R Policy Options Japan and BoJ – April 2019

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