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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
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BNP On Abenomics: Dissecting the Abenomics...>
JAPAN: BNP On Abenomics:
Dissecting the Abenomics growth story:
- Under Prime Minister Shinzo Abe's economic policies, annual nominal GDP growth
has averaged 2.2%, boosted by special factors. Growth in real terms has averaged
only 1.4%.
- With limited export growth for much of the period since Q4 2012 and a subdued
recovery in private consumption, construction investment has been Japan's growth
engine.
- Growth in construction spending can be attributed to Abenomics, but Japan's
negative demographic trends cast some doubt on its sustainability, in our view.
- Over the past year and the upturn in the global cycle, exports have expanded
solidly. We expect the recovery to continue as long as the external environment
remains favourable.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.