fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Finance

Coronavirus Impact: Japanese government’s mishandling could lead to economic fall

The Global Economics by The Global Economics
March 12, 2020
in Finance, Top Stories
Reading Time: 1 min read
0
Business team discussing crisis

Business team discussing crisis

78
SHARES
432
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Coronavirus has had its genesis in China but it is Japan that is bearing the brunt of the disease’s outbreak. Over 70 people have been infected with Coronavirus in Japan in the past week alone. This has made it the country with the number highest outside of that in China. The only other nation that has similarly high numbers is Singapore.

Worries are mounting for the Japanese government led by Shinzo Abe with its handling of the problem also coming under the scanner. For one, the Abe government being criticised for its impaired handling of visitors from China. For another, the government’s lack of promptness in quarantining the cruise vessel, Diamond Princess that was docked in Yokohama. While the passengers have since been allowed to leave the vessel, scepticism has aggravated fear that the Japanese administration’s mismanagement could fuel more coronavirus infections.

If these were societal woes, the country also has an influx of economic problems waiting to unfold because of the disease.

The country’s economists have warned that the economic repercussions because of increasing coronavirus cases could bring about recession. Nomura Research Institute’s chief economist Richard Koo, in his report, pointed out, “The Japanese government’s decision to wait for the China-friendly World Health Organisation (WHO) to make its much-delayed declaration of a global health emergency led to the first cases of domestic person-to-person transmission and tarnished the country’s international reputation.” Further adding, he said, “The coronavirus will probably cause a substantial amount of economic damage in Japan.”

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Oman: Jumeirah Group to open its first luxury resort in 2022
Hospitality

Oman: Jumeirah Group to open its first luxury resort in 2022

by Ritu M R
June 30, 2022
Coinbase to expand its footprint into the European Union in 2022
Crypto & Fintech

Coinbase to expand its footprint into the European Union in 2022

by Sakshi K S
June 30, 2022
Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022
Central

Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022

by Ritu M R
June 30, 2022
DIFC unveils the region’s first Open Finance Lab in 2022
Crypto & Fintech

DIFC unveils the region’s first Open Finance Lab in 2022

by Ritu M R
June 29, 2022
Airwallex arrives in New Zealand, drives business growth in the ANZ region
Crypto & Fintech

Airwallex arrives in New Zealand, drives business growth in the ANZ region

by Ritu M R
June 29, 2022
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Oman: Jumeirah Group to open its first luxury resort in 2022

Oman: Jumeirah Group to open its first luxury resort in 2022

June 30, 2022
Coinbase to expand its footprint into the European Union in 2022

Coinbase to expand its footprint into the European Union in 2022

June 30, 2022
Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022

Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022

June 30, 2022
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles, delivered right into your email inbox.

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version