Report

Japan GDP Revisions Called "Horrendous"

posted by Richard Katz on September 11, 2014

Found in Japan, categorized in Fiscal Policy

Tags: Japan GDP BOJ

Report Cover

Headline

So far, we’ve seen FY14 forecasts ranging from negative 0.1% (the same as in fiscal 1997) to 0.7%. This compares to the government’s official forecast of 1.2% growth and the Bank of Japan (BOJ) forecast of 1%.

Abstract

Consensus forecasts for Japan GDP for FY2014 downgraded to 0.4% from 1%.

About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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