Domestic demand is likely to follow an uptrend on the back of highly accommodative financial conditions and fiscal spending through the government's large-scale stimulus measures. Exports are expected to continue their moderate increasing trend along with the improvement in overseas economies. Reflecting this outlook, Japan's economy is likely to maintain growth at a pace above its potential mainly through fiscal 2018.
Proposals to unblock European ABS markets Much has already been written on this topic and I will not attempt to repeat all the arguments in the limited time we have today. I would like instead to offer three proposals that I see as important to keep moving the debate forward.