Weaker Yen to Improve Japan’s Economic Outlook

The Abe administration in Japan has aggressively decreased the value of the Yen, thus sparking an economic debate over the final outcome of such policies.

We feel that devaluation is the best thing to do for Japan, since its debt is denominated in yen, it is not in the position of, say, Greece or Spain, who have no control over the value of the Euro.

Further, a weaker currency will help Japanese exporters, which have been hurt by increased competition from neighboring China, Korea and Southeastern Asian exporters.

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