Abenomics and Fiscal Issues in Japan

DOI

10.2991/978-94-6463-260-6_73How to use a DOI?

Keywords

Japanese Fiscal Issues; Abenomics; Economic Growth

Abstract

We have observed that the Japanese economy has maintained a zero-growth trend since the 1990s. Despite this, Japanese society has not experienced any significant unrest. Surprisingly, speculators worldwide are investing in Japanese yen, a peculiar phenomenon considering that the yen does not constitute a long-term stable investment. For instance, the yen lacks the potential for appreciation and has, in fact, experienced a fairly long period of depreciation. Moreover, the interest rate of the Bank of Japan has remained at zero for many years, signifying that investing in the yen does not yield substantial profits. Therefore, we want to explore that the factors drive countless speculators to invest in yen and in turn make the Japanese economy remains robust despite its inability to maintain high-speed growth.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yichun Zhao
PY  - 2023
DA  - 2023/09/28
TI  - Abenomics and Fiscal Issues in Japan
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 584
EP  - 590
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_73
DO  - 10.2991/978-94-6463-260-6_73
ID  - Zhao2023
ER  -