In a recent paper published by the IMF, the authors investigate what changes could be implemented to spur innovation. With the population ageing quickly, economic growth has to come from improved productivity. In particular capital productivity has been on a steady decline since the 70s. Based on their research linking financial indicators of firms...
Read more »
After the collapse of the Tokyo Stock Exchange in October 2008 inline with the collapse of other share-markets worldwide, it has been slowly recovering since last March. In June the NIKKEI 225 broke the 10,000 points barrier and after a dip in July, it...
Read more »
In the second quarter of 2009 the Japanese economy grew by 0.9% compared to the previous quarter. This is positive news, and a bigger increase than the 0.3% that France and Germany reported last week. Analysts’ reaction was rather cool and the Tokyo Stock...
Read more »
Kirin is a large brewing group and a fixture on the Tokyo Stock Exchange. It has recently raised eyelids in Australia with a major acquisition spree. In 2007 Kirin...
Read more »
Australia is the only ‘advanced’ economy that avoided a recession. Although GDP growth has been anaemic in the first quarter of 2009, Australia is set for a speedy recovery...
Read more »
On the 30th of August, Japan’s citizens will vote to elect a new government. The two leading parties agree the economy is in dire need of revitalisation. With the...
Read more »
