New Market Research Report: Japan Infrastructure Report Q3 2014
We believe the ongoing decline in Japan's construction growth could be a sign that the economic stimulus implemented by the government in 2013 is already starting to wear off. We have long highlighted that these stimulus measures would need to be accompanied by structural reforms in order to have positive long-term effects, but progress with these reforms remains limited. As such, it remains to be seen whether the Japanese government will be able to overcome its fiscal problems and carry...
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