HOUSE_OVERSIGHT_014417.jpg

View Original

Extraction Summary

2
People
5
Organizations
3
Locations
3
Events
2
Relationships
4
Quotes

Document Information

Type: Financial research report
File Size:
Summary

This document is page 8 of a Bank of America Merrill Lynch 'Japan Economics Viewpoint' report dated November 18, 2016. It analyzes Japanese labor market reforms, specifically Prime Minister Abe's efforts to raise wages ('Equal Pay for Equal work') and corporate tax strategies. It also discusses external risk factors, specifically citing uncertainty regarding global trade and the implications of the incoming Trump presidency on the Japanese economy. The document bears a House Oversight Bates stamp.

People (2)

Name Role Context
Shinzo Abe Prime Minister of Japan
Using moral suasion to encourage firms to disgorge profits; leaning towards direct intervention in wage policies.
Donald Trump US President-elect (implied)
Mentioned in context of 'Trump presidency' and campaign promises affecting Japan's economy.

Timeline (3 events)

2016
Minimum wage hike delivered by Japanese government.
Japan
2016-11-18
Publication of Japan Economics Viewpoint report.
Global
2020
Target year for national average wage to reach JPY1,000.
Japan

Locations (3)

Location Context

Relationships (2)

Shinzo Abe Government/Business Japanese Firms
Abe using moral suasion to encourage firms to disgorge profits.
Donald Trump Geopolitical/Economic Japan
Trump's campaign promises have mixed implications for Japan.

Key Quotes (4)

"So far, the government’s approach has relied more on carrots than sticks"
Source
HOUSE_OVERSIGHT_014417.jpg
Quote #1
"Risk factors: largely from overseas"
Source
HOUSE_OVERSIGHT_014417.jpg
Quote #2
"We consider multiple policy scenarios under a Trump presidency."
Source
HOUSE_OVERSIGHT_014417.jpg
Quote #3
"Trump’s campaign promises have mixed implications for Japan."
Source
HOUSE_OVERSIGHT_014417.jpg
Quote #4

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document