Comment - Getting ready for Vickers - Central Banking

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The Bank of Japan’s new governor, Haruhiko Kuroda, is pressing ahead with an aggressive easing plan. What will the impact of the so-called ‘Abenomics’ be on the Japanese economy?

Achieve a return to growth and inflation, without causing significant negative distortions

Achieve a return to growth and inflation, at the cost of significant negative distortions

Neither achieve a return to growth, nor cause significant negative distortions

Fail to achieve a return to growth, while causing significant negative distortions

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