Record levels of government debt, as well as the weight of central bank financing, signal a potential shock in the making in Japan. The globalised nature of financial markets means that a shock on Japanese markets could prompt dislocations in other markets where government debt is accumulated - in other words, anywhere in the world.
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Potential for dislocation
April 23, 2019
Research Director
Kunihiko MIYAKE
April 19, 2019
Research Director
Yukihiro MATSUYAMA
April 19, 2019
Research Director
Yukihiro MATSUYAMA
April 19, 2019
Tokai University Kazuki HIRAGA / Senior Research Fellow Kengo NUTAHARA
April 18, 2019
Research Director
Yukihiro MATSUYAMA
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