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Economist suggests that governments spend their way out of trouble

Roubini favours fiscal spending over monetary policy, tells Abe to delay hiking Japan sales tax

Published Fri, Mar 18, 2016 · 09:50 PM

Tokyo

INTERNATIONALLY acknowledged economist Nouriel Roubini on Friday joined other experts in urging Prime Minister Shinzo Abe to delay a planned hike in Japan's sales tax, despite the country's government debt burden now being the highest among economically advanced nations.

Mr Roubini, a former economic advisor to the US Treasury Depart…

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