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| Topic: |
History
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| Number of pages / Number of words: |
2 / 526 |
Essay's paper body
Wages are a part of the deflationary trend and might create pressure on people’s daily lives and a potential threat to social stability.
BoJ might try to normalize the monetary policy by hiking the interest rates. This will help in the corporate restructuring in Japan and would also lead to the consolidation of the small and unproductive business...
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This would be a long process but people of Japan getting that crucial inflationary mindset back now would play an important role in defining Japan’s economy, and that's very good news.
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