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World

Will Western economies be ‘turning Japanese’ after Covid-19?

8 July 2020

9:22 PM

8 July 2020

9:22 PM

Japan has announced a colossal stimulus package (£1.75 trillion) as it attempts to breathe life into its Covid-19 damaged economy. But with its finances already in a parlous state before the pandemic struck, economists and policy makers around the world are nervous about where this dramatic intervention in one of world’s most fiscally conservative nations could lead.

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