My Weekly Column – September the 28th
It was initially published in French here Different elements must be noticed this week to understand the macroeconomic outlook The first element is Janet Yellen’s speech. She talked one week…
Philippe Waechter's blog
3 graphs on the Japanese recession
The Japanese economy is back into recession. After the deep drop of the second quarter due to the VAT rate hike on April the first, the negative momentum has not…
An Unprecedented Negative Shock on the Japanese Economy in the second quarter
I have already spoken a lot on VAT rate hike in Japan and the negative impact that this fiscal measure has had on the economic outlook (see here, here and…
Japan – The negative impact of the higher VAT rate on sales can still be seen in May
The increase of the VAT rate on April the 1st was an important event in Japan but also for the world economy. The success or failure of the Abenomics was…