Choose any one country Japan assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year.

Choose any one country Japan assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so My part is in most countries the dominant issue has been after-effects of the 2008/9 global financial crisis .This has cut demand and led to output falls and higher unemployment. So a sensible focus would be how has the crisis affected the country in question and what have the authorities done to try to minigate the effects what else should now be done

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