Innovation is key to boosting economic growth in the face of a rapidly ageing population. While Japan spends heavily on …

With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at … risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to …

due to new liquidity requirements. The transition to this situation will be lengthy and will require a mixture of … liquidity draining instruments. Alternatively, they could adopt a floor system, which may benefit financial stability. The use …