A large stream of income from Japan’s record holdings of overseas assets was the main reason the country did not record a current account deficit in 2011. With trade surpluses likely to be a thing of the past, a surplus on the income account is Japan’s only defence against the current account slipping into the red. In this Weekly we take a closer look at where the income account surplus comes from and how likely it is to last.
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