Without a consensus within Japan and a tolerance of such a development among Japan's major trading partners, it would be best to proceed cautiously with such a policy. Third, a monetization strategy alone is unlikely to sustain anything other than anemic growth in Japan.
Gabriel Makhlouf: Remarks - launch of the Consumer Protection Discussion Paper Remarks by Mr Gabriel Makhlouf, Governor of the Central Bank of Ireland, at the launch of the Consumer Protection Discussion Paper, Dublin, 3 October 2022.