Japan's economy is unlikely to respond to a planned fiscal stimulus, according to Kaoru Yosano, economy minister.
He said the country would have to endure higher unemployment and possibly a return to deflation and shrinking output.
By David Pilling and Mure Dickie in Tokyo
Published: December 1 2008 02:00 | Last updated: December 1 2008 02:00
Japan's economy is unlikely to respond to a planned fiscal stimulus, according to Kaoru Yosano, economy minister.
He said the country would have to endure higher unemployment and possibly a return to deflation and shrinking output.