Beware the systemic zombies roaming in Asian markets
As global inflation and interest rates continue to rise, Asian economies must act to deal with financial instability, zombie firms and banking pressures.
Source: eastasiaforum.org
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As global inflation and interest rates continue to rise, Asian economies must act to deal with financial instability, zombie firms and banking pressures.
Incoming Bank of Japan governor, Kazuo Ueda, faces a dilemma between normalising monetary policy while preserving the health of public finances, writes Masahiko Takeda (ANU).