Of the two cases, the latter provides a larger economic stimulus. Monetary easing effects in Japan are expected to strengthen further in the future, considering that economic conditions and prices are heading toward improvement. Third, financial markets remain extremely stable compared to other countries, as market participants have been reassured by ample fund provision.
A substantial body of research demonstrates that investments in education – higher education, certainly, but also lifelong education, from preschool to mid-career training and adult education – pay high rates of return both to individuals and to our society as a whole. Moreover, the benefits of education are more than economic.