On the face of it, Iraq and the US Federal Reserve share little. One is a country plagued by division, war and mayhem since the US invasion of 2003. It is a brutal world where there are no friends, few…
The cut to China’s reserve requirement ratio (RRR) can also be seen as a move against China’s unregulated shadow banking sector.
Flickr/Mike Behnken
G20 leaders have put growth and employment at the centre of the global agenda. To spur collective growth by more than 2% over five years, member countries have agreed to implement a package of structural…
Shinzo Abe is determined to resuscitate Japan’s flagging economy by targeting a 2% rate of inflation and promoting private investment. But will it work?
AAP
The Japanese economy has been stuck in a liquidity trap for almost a decade. Japan’s newly elected Prime Minister Shinzo Abe, who is now in his second stint in office, wants to take radical steps to retrieve…
The Australian dollar’s rally in response to more expansive monetary policy from Japan isn’t likely to last, as Japan wrestles with domestic and political reforms.
The coordinated policies of the Bank of Japan and the Japanese government in increasing money supply has had some interesting short-term implications for the Australian dollar. Since the Bank of Japan…
Principal Research Fellow, Melbourne Institute of Applied Economic and Social Research, and Professor of Economics, Department of Economics, The University of Melbourne