Japan still may have options

Article Abstract:

Bank of Japan, the country's central bank, should target inflation, according to Lawrence Summers, former secretary of the United States Treasury. Because of the financial sector repair, negative real interest rates may be needed for a period. So, an inflation target greater than zero may be necessary. In addition, policy makers should not explicitly aims for a weak yen.

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Bank of Japan pumps more money into the economy

Article Abstract:

The Bank of Japan has relaxed credit again and hopes to spur the economy by flooding it with money via a controversial "quantitative easing" policy, which so far has caused overnight interest rates to drop to nearly zero. Private-sector lenders' cash reserves at the bank should stand at six trillion yen.

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The people who can fix Japan

Article Abstract:

Potential innovators of Japan are discussed.

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