Touch and go for the Japanese economy
Article Abstract:
Japan has announced tax cuts to help boost the economy, a move which will run counter to the government's attempts to control the budget deficit. The government admits that the economy is on the brink of recession. There is a risk that the economic problems could worsen if the private sector cannot be persuaded to lower its savings rate. Uncertainty over employment and pensions, and drops in prices all tend to encourage saving. Fiscal measures may not work, and there is little scope for loosening monetary policy since interest rates are already low.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Fledgling DRS hits stormy weather: DRS has blotted its copybook in the City. Second-halfprofits collapsed last year as sales to schools dried up. With prospects in the current-year at bestuncertain, DRS's shares are on shaky ground
Article Abstract:
DRS Data isa manufacturer of electronic optical scanners (OMRs) with about 70% of its sales going throughUK schools and colleges in 1994. However, many institutions have postponed or cancelledcapital projects and changes in the requirements of the National Curriculum have exacerbated thesituation. DRS's profits were just 1.49 million pounds sterling in 1994, with just 3,000 poundssterling from the second half.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Knee joint movements in work-related situations. Measures to prevent portable ladder accidents in the construction industry
- Abstracts: AEA Technology: nuclear aftermath. Fife Indmar dances to a faster beat: Fife Indmar's half-year results reveal a company with growing sales, improving margins and health order books. But its shares continue to mark time
- Abstracts: Recent trends in foreign direct investment. Salient features of international markets in early 1996. Special features: recent trends in foreign direct investment
- Abstracts: Assuring business. Paired for life: by combining an annuity with a life insurance policy, retirees can minimize their tax payments while increasing their returns
- Abstracts: Upgrades: who needs 'em? Anatomy of a bottle: how Coca-Cola has cashed in on its curvaceous new packaging's cultural currency