July 10, 2013

IMF sees Japanese growth stronger than expected upside 2 percent due to stimulus

" The IMF says global growth has been hurt by a deeper euro region recession than expected and a weaker US expansion. On the other hand, Japanese growth was stronger than expected....Japan will surprise on the upside this year at 2 per cent due to the governments stimulus policies"

Source: Emerging markets lead slower growth
Greg Earl
Australian Financial review
Wednesday 10th July 2013, page 3