Fathom’s fixed capital investment optimiser, outlined last week, indicates not only the US but also Poland as attractive options for investors Japan and the euro area are suboptimal options, due to the risk-averse attitude of their corporate sectors, and also chronic inefficiencies arising from Japan’s dependence on debt and the EA’s lack of integration Risk aversion ensures stability, but not dynamic growth Skilful innovators are stifled by Japan’s corporate conservatism The euro area’s approach to innovation seems counterproductive, or even…
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