Should we worry about deflation?
Pryce, Vicky (2023) Should we worry about deflation? Birmingham City University, Centre for Brexit Studies Blog.
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Should we worry about deflation.pdf - Published Version Download (113kB) |
Abstract
With the focus of most governments and central bankers being on fighting inflation, how do we cope with the sudden re-emergence of deflation? It isn’t new- Japan has struggled with that for decades, certainly since the collapse of its property markets back in the 90s.iAnd it is only now enjoying a return to inflation, partly due to higher energy prices which have finally done what years of monetary injection and zero interest rate policy had failed to do . Japanese inflation has stayed sustainably above zero for the last two years and is currently at 3.3%.
Item Type: | Other | ||||
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Uncontrolled Keywords: | Centre for Brexit Studies, CBS, Brexit, BCU, EU, European Union, UK, Birmingham City University, UK Government, UK politics | ||||
Subjects: | CAH15 - social sciences > CAH15-03 - politics > CAH15-03-01 - politics | ||||
Divisions: | Research, Innovation, Enterprise > Centre for Brexit Studies | ||||
Depositing User: | Gemma Tonks | ||||
Date Deposited: | 27 Oct 2023 13:29 | ||||
Last Modified: | 27 Oct 2023 13:29 | ||||
URI: | https://www.open-access.bcu.ac.uk/id/eprint/14882 |
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