A reshuffle at the nuclear energy watchdog has paved the way for the restart of atomic reactors in Japan. But the economic benefits of this change should not be overplayed. Only around a third of the country's nuclear capacity is likely to resume operations in coming months. In that case, electricity prices may only fall by around 5% and the current account deficit may only shrink marginally as a result of lower fuel imports.
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