COVID19 – Impact on Japanese economy by SG Chief Japan Economist Takuji Aida

The French Chamber of Commerce and Industry in Japan invites you to its 2nd webinar.

Takuji Aida, Chief Japan Economist at Societe Generale Securities Japan will share their strategies and point of view in order to help you adapt your business to the current situation. 

Japan’s economy remains mid-way from a complete exit from deflation. Upswings in the credit and capex cycle continue to support the move towards a complete exit from deflation. The pick-up in business activity combined with accommodative fiscal policy will likely revive net domestic fund demand. The BoJ monetizing the revived demand should strengthen the effects of monetary policy. We are more confident of the effects of the revival of domestic demand and the expansion of money pulling Japan completely out of deflation.

The COVID-19 outbreak is suppressing economic activity in 1Q20 but the government’s fiscal stimulus and the BoJ’s monetary easing policies should induce a rebound post 2Q20 and 2020 growth will likely remain positive. In 2021, we expect the economy to grow steadily above potential, as domestic factors increasingly becoming the drivers of growth. This in turn should finally allow Japan to completely exit from deflation.

Please join this webinar to get some new inspiration on how to deal with the business challenges.

This webinar will be held online.

You will receive an access link and login information few days before the event.

Account creation is not necessary to join this webinar.

About the speaker

Takuji Aida, Chief Japan Economist at Societe Generale Securities Japan Limited

Takuji Aida has been Chief Japan Economist at Société Générale Securities Japan since August 2013. Previously, Takuji worked for UBS Securities Japan as the lead Japan economist and has been highly ranked in various economist rankings. He has extensive experience as an economist at several financial institutions such as Brevan Howard (Japan), Barclays Capital Japan, and Merrill Lynch Japan Securities. Takuji received an MA in Economics from The Johns Hopkins University and a BA, with a double major in economics and mathematics, from Swarthmore College in 1998.