JAPAN: AN EXAMPLE TO FOLLOW FOR THE EUROPEAN COMMUNITY

Japan is currently the world's third largest economy after the U.S. and China. However, the country's traditional policy given its cultural conviction and a series of events outside their control have catapulted to a continued deadlock in time for decades. It was break the routine combining perfectly both monetary and fiscal policy, so it starts to show signs of a speedy recovery and hope to continue down the path right. Japan begins to leave behind deflation and would be interesting that the European Central Bank take note of how to do following suit.

THE RISKS POSED BY EMERGING COUNTRIES

In these last days begin to appear data on major emerging economies, and there are visible imbalances in some of them. The ghosts of the recent crisis that has suffered internationally do not totally disappear and come back on new alarms. Meanwhile, developed countries play the role of disinterest or are busy in their own affairs, when they should maintain a primary care to meet the unknown yet how events unfold in the new international scenario approaches.