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West must not repeat Japan’s fiscal mistakes, says Nomura economist

Author: David Evans

Source: Credit | 26 Aug 2010

Categories: Economics

Topics: Balance sheet, Organisation for Economic Co-operation and Development (OECD)), International Monetary Fund (IMF), Nomura, Debt, Bubble, Deflation, Macroeconomics, Japan, US Treasury, Recession

Richard Koo, chief economist at Nomura Research Institute in Tokyo, has warned advanced economies in the West risk emulating Japan’s so-called “lost...

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West must not repeat Japan’s fiscal mistakes, says Nomura economist

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