Skip to main content

Could the market turmoil derail Japan's recovery?

The last time that the consumption tax was hiked, in 1997, Japan was tipped into recession shortly afterwards by a regional financial crisis. History appears at risk of repeating itself. However, many of the fears now hitting equities seem overdone. Indeed, China’s rebalancing towards slower but more sustainable growth may prove to be a net positive for Japan.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access