According to the journal, it can be found that due to the fall in inflation rates across Asia, expectations are rising about diminishing interest rates by central banks for varied purposes. These purposes include developing economies and overcoming the problem of heavy debt…
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Korea as well as India may take the initiative of lessening tax rates for addressing and mitigating the above stated issues by a considerable extent. Based on the journal, which mainly depicted one of the problems facing by the economies across Asia concerning about diminishing inflation rates, it can be affirmed that then above nations must remain quite vigilant in keep the inflation rates under greater control. This might aid in attracting the investors and also the other stakeholders to take necessary and appropriate measures about solving such a crucial economic issue (Wright, “Economies across Asia Face Falling Inflation Rates”).
With this concern, the essay intends to address the aforesaid economic issue with determining its impact on the economies and identifying the measures to address and mitigate such a crucial economic issue.
In relation to Asian countries, Japan took the initiative of lessening consumer expenditures and making substantial investments for mitigating the problem of dipping inflation rates. In recent times, Japan experienced the crucial concern of rising prices in the form of monetary as well as fiscal stimulus. In this particular scenario, the economists anticipate that the inflation will fall below at certain rates in future. Apart from Japan, the inflation rate in Indonesia can also be apparently noticed below 8 % at the end of the year 2013 and the economists expect that inflation rate will be higher in subsequent years. This might be due to the reasons of increased level of globalization, gaining momentum of internationalization and most importantly increased level of customers’ expenditures among others (Wright, “Economies across Asia Face Falling Inflation Rates”).
As per the article presented in Wall Street Journal, it can be ascertained that the respective governments of Asia have mainly relied on the debts for
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(“Economics Issue Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
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(Economics Issue Essay Example | Topics and Well Written Essays - 500 Words)
“Economics Issue Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1667001-economics-issue.
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