CCTV9英语新闻:Easing policies bear potential risks in Japan(在线收听

  Criticism of so called ’Abenomics‘ has continued since its introduction last November. That's when Prime Minister Shinzo Abe promised bold fiscal and monetary expansionary policies, to revive the world’s third-largest economy.

  It is hoped that the introduction of a comprehensive programme entailing fiscal, monetary and structural policies - known as the "three arrows" - could jumpstart the economy. However, investment growth is still lagging behind, while small and medium-sized companies find it hard to recover. Imports, especially energy and agricultural products, are also getting more expensive.

  Meanwhile, the government’s current interest-servicing burden stands at a massive 21 percent of its revenue, any rise in interest rates could therefore undermine the BOJ’s policies and further strain government finances.

  原文地址:http://www.tingroom.com/video/cctv9/07/220067.html