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Recent evidence has suggested that Japan's deflationary woes could be coming to an end, and to maintain this momentum, Ishiba has announced an enormous new stimulus package. So will this radical plan actually inspire some wage growth in Japan?
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Sources:
1 - https://www.nippon.com/en/japan-data/h02044/ 2 - https://carnegieendowment.org/2010/03/18/japan-s-past-and-u.s.-future-pub-40356 3 - https://tradingeconomics.com/japan/inflation-cpi 4 - https://www.phenomenalworld.org/analysis/kishidas-new-capitalism/ 5 - https://japan.kantei.go.jp/ongoingtopics/policies_kishida/newcapitalism.html 6 - https://www.statista.com/statistics/1467869/japan-monthly-real-wages-annual-growth-rate/ 7 - https://english.kyodonews.net/news/2024/11/c0096bc410e8-update1-japan-govt-oks-39-tril-yen-economic-package-to-ease-inflation-pain.html 8 - https://www.ft.com/content/6c893292-3cbc-4dc1-bdac-c46cddc58c1c 9 - https://www.statista.com/statistics/756192/japanese-government-bonds-by-type-of-holders/ 10 - https://tradingeconomics.com/japan/currency