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60 seconds with Keith Wade on Japan's economic outlook

Chief Economist, Keith Wade comments on the Japanese economy, and why he expects 2015 to be a good year for the country.

23/02/2015

Keith Wade

Keith Wade

Chief Economist & Strategist

Schroders chief economist and strategist Keith Wade highlights the reasons why Japan's economy could improve in 2015:

  • Japan is a big importer of oil and the fall in oil price will drive down inflation, meaning that real incomes in Japan will be positive, which will be a great help to the consumer.
  • The consumer is also going to benefit in 2015 as there aren’t any tax increases, which really hit the economy in 2015.
  • Finally, the fall in the yen means that the Japanese corporate sector is now very competitive, which should flow through into strong export growth and will support GDP growth in Japan.

Topics:

  • Japan
  • Keith Wade
  • Outlooks