ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

COVID-19's staggering economic impact forces deep macro policy rethink

Biggest problem facing world economy is not inflation or deflation, but low growth

| Japan
Almost empty Shinsekai shopping street, a famous tourist destination in Osaka, pictured on March 29: the initial loss is not recoverable because the time is forgone.   © Getty Images

Masaaki Shirakawa is a former governor of the Bank of Japan.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more