BoJ’s Nishimura warns of challenge population ageing poses on recovery
Kiyohiko Nishimura, a deputy governor at the Bank of Japan, on Friday identified three adverse consequences of prolonged balance sheet adjustments in the United States and Japan, which had experienced severe population ageing.
At the American Economic Association Annual meeting in Denver, Colorado, Nishimura said: "We are in the midst of a balance sheet adjustment process after the financial bubble burst, at a time when the population is ageing. This is not the simple balance sheet adjustment of
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