Interpreting Swiss bank data
The proposal to whiten black money by investing in land didn't finally get through in national parliament. Nevertheless, the legal scope to whiten black money by investing in apartments and buildings still remains. Moreover, FY20 budget allows declaring any undisclosed money by investing in economic zones and high-tech industrial parks....
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Bank of Japan's QQE - evolution and effectiveness
The bubble economy burst in the 1990s left painful consequences for Japan's economy. In the aftermath of that burst, Japanese firms had been confronting three excesses namely: excess production capacity, excess employment and excess debt. Moreover, the financial institutions were grappled with a very high non-performing loan. Consequently, Japan's potential...
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