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Ed Rogers Benedicte Gravrand, Opalesque Geneva.
According to OECD's "Economic Survey of Japan 2011", out today, reconstruction will boost economic activity in Japan.
The 11 March 2011 Great East Japan Earthquake triggered the country’s worst disaster of the post-war era. While it is still too early to assess the full extent of the damage, the immediate impact will be to reduce output, although this will later be reversed by reconstruction efforts. Deflationary pressures are likely to remain a headwind to growth.
The priority for Japan is to address the humanitarian and reconstruction needs, along with the nuclear situation, which will create the need for short-term increases in public spending. But in light of the debt situation, this may need to be funded by shifting expenditures and by short-term increases in revenues, reports OECD.
Markets will not fully start to rebound until problem with nuclear reactors is finalised
Ed Rogers, founder of Rogers Investment Advisors (RIA), a Tokyo-based fund of hedge funds (FoHFs) adviser, has been a Japan-optimist for as long as we have known him. An ex-Deutsche Bank head broker, he set up the first Japan FoHFs open to U.S. investors in 2006 with RIA, and started working with New York-based Wolver Hill Ass...................... To view our full article Click here
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