On Sunday, Japanese voters returned Shinzo Abe to the position of prime minister, restoring the long-dominant Liberal Democratic Party's control of the country at a challenging time. Faced with a looming recession, rising public debt, and mounting tensions with China, how will the new government's policies affect Japan, Asia, and the world?
Will the World Keep Buying US Treasuries?
Paola Subacchi & Paul van den Noord
foresee a gradual reduction in countries’ holdings of dollar-denominated debt, not a rapid sell-off.
