Japanese college graduates attend a rally intended for job seekers. After nearly two decades of recession, Japan's economy is growing again. Photo: Reuters
Japanese college graduates attend a rally intended for job seekers. After nearly two decades of recession, Japan's economy is growing again. Photo: Reuters

Monetary policy does work, as Japan and the US prove

Koichi Hamada calls on sceptics in Europe to back quantitative easing

Japanese college graduates attend a rally intended for job seekers. After nearly two decades of recession, Japan's economy is growing again. Photo: Reuters
Japanese college graduates attend a rally intended for job seekers. After nearly two decades of recession, Japan's economy is growing again. Photo: Reuters
READ FULL ARTICLE