Japan 1999 Economic Handout Stimulus Program Increased GDP 0.1%
See http://www.telegraph.co.uk/news/worldnews/asia/japan/3470413/Japans-economic-stimulus-package-a-waste-of-money.html
See the Telegraph November 17, 2008 article by Julian Ryall “Japan's economic stimulus package 'a waste of money' “
■ “The Japanese government's plan to rescue the domestic economy by handing out Y12,000 (£84) to every adult in the country has been dismissed as a pointless waste of money. “
■ “it has provoked comparisons with a 1999 decision to issue Y700 billion in coupons to boost domestic consumption and, theoretically, inject new life into the economy”
■ "Kanagawa Prefecture Governor Shigefumi Matsuzawa said ‘The coupon handout program increased individual consumption in the total gross domestic product by just 0.1 percent’,"
See the Telegraph November 17, 2008 article by Julian Ryall “Japan's economic stimulus package 'a waste of money' “
■ “The Japanese government's plan to rescue the domestic economy by handing out Y12,000 (£84) to every adult in the country has been dismissed as a pointless waste of money. “
■ “it has provoked comparisons with a 1999 decision to issue Y700 billion in coupons to boost domestic consumption and, theoretically, inject new life into the economy”
■ "Kanagawa Prefecture Governor Shigefumi Matsuzawa said ‘The coupon handout program increased individual consumption in the total gross domestic product by just 0.1 percent’,"
posted by Gene Felder at 7:42 PM
0 Comments:
Post a Comment
<< Home