The year 2009 started on a very bad note for Japan, when it recorded a negative GDP growth. But since then the government has been taking lot of stimulus initiatives including keeping interest rates near zero, apart from pumping in billions of dollars on social infrastructure spending.
All these have now helped the country to record a 1.1% GDP Growth in the last quarter, which if maintained could help the country regain some of the lost stature.
Japan grew by 1.1% in Q4
February - 15 - 2010 - Monday
