Public-private investment seen as inadequate for goal of steadily lowering debt-to-GDP ratio
Economists are skeptical that the Japanese government’s investment push will spur enough growth to drive down debt relative to GDP. (Photo by Rie Ishii)
TOKYO — Economists largely doubt the Japanese government can achieve its goal of steadily lowering the country’s ratio of debt to gross domestic product, a Nikkei survey finds, voicing skepticism about the government’s fiscal plan that relies on high growth.