OECD paints gloomy picture of Japan

JAPAN - Japan's economy will remain weak for some time to come as policymakers struggle to implement economic reform in the face of the country's worst slump since the Second World War.

In its latest report, the Organisation for Economic Cooperation and Development, which is made up of the leading industrial countries, paints a gloomy picture of Japan's economic prospects.

"Although a slowdown was expected, the deceleration has been surprisingly rapid," the OECD warns.

It is forecasting negati

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: