Weak economic data bolsters Abe's hand on stimulus

By Tetsushi Kajimoto and Kaori Kaneko

Business Dec. 29, 2012 - 06:35AM JST ( 7 )

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7 Comments

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some14someDec. 29, 2012 - 07:46AM JST

stimulus? easy come easy go, seems world's third largest economy is heading south.
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Krishan Kumar GuptaDec. 29, 2012 - 10:17AM JST

****Japan new Government should follow Suzuki Motor strategy at a much wider scale.It is making more profits from plants set up abroad and also creating export opportunities for high tech products manufacturers in Japan.The Government should take the benefit of strong Yen by encouraging to expand their global business. This would provide long term solution to stagnating economy of Japan
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Daimler AltschuhDec. 29, 2012 - 02:21PM JST

Abe failed once and will fail again. With so much talent iin Japan, why are there no talented politician to lead Japan? Why is there a recycled PM?
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some14someDec. 29, 2012 - 04:25PM JST

The Government should take the benefit of strong Yen by encouraging to expand their global business. This would provide long term solution to stagnating economy of Japan

strong yen? new to JT ? create an account and stay signed in. Their only dream or desire to overcome economy crisis is nothing but Weak Yen !
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DisillusionedDec. 29, 2012 - 07:36PM JST

So, they admit the row with china over those spots in the ocean off Taiwan have hurt the economy. I am sure that any financial gain from persisting in ownership of these islets will not even come close to the amount lost in trade with china. Abe and his cronies have their economic ideals ass about face. They cannot rebuild Japan's economy from within the country. They do not have the man power to start with and manufacturing is too expensive in a failing economy. The only choice they have is to globalize and stop clinging onto ideals of yesteryear. It is a new millennium and if they don't join it they will fail!
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warnerbroDec. 29, 2012 - 11:57PM JST

These are the same blokes who fuss about Japan's huge public debt. Unbelievable. I fear his autostimulation will be as fruitful as those in the past 20 years.
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SeiharinokazeDec. 30, 2012 - 04:43PM JST

Global economic slowdown and decrease in shipments to China over the Senkaku issues and the strong yen will offset what might be projected by Abenomics. Nominal GDP won't grow by more than 3 percent by printing money to be spent on repairing/fortifying roads, bridges, tunnels and embankments. And extra money will overflow into US bonds market to finance Americans' dissipation too. It seems deflation will stay in a society where the price level is highest in the world. Besides while the major export companies can have sales tax refunded for what they sell to overseas markets, their parts-supply smaller companies cannot pass on the raised sales tax to the big companies and have to bear it by themselves, which means the economy won't pick up and the planned doubling of the sales tax is unfeasible. Perhaps Abe is half wise on it.