Japan's false recession

The economy is shrinking, inflation is low and public debt is rising. And Japan's monetary policymakers are watching. Can this go well?

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).