Risk institutional investor rankings 2013

All mixed up

Deutsche Bank Frankfurt

With economic growth, volatility and trading volumes all stagnant last year – and interest rates and inflation drifting south – derivatives dealers worried that Europe was at risk of what some economists call Japanification: a self-sustaining economic malaise, characterised by deflation and low or zero growth.

Ironically, Japan may not be the best example of the phenomenon at the moment. The election of Shinzo Abe as the country’s prime minister in December last year – with a mandate to

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