The Bank of Japan kept its longstanding easy credit policy unchanged on Tuesday, saying it will watch price and wage trends before raising its negative benchmark interest rate. The BOJ policy decision was widely expected. The central bank also has purchased trillions of dollars worth of government bonds and other assets as part of its strategy of injecting more cash to spur growth as the Japanese population shrinks and grows older.
Both South Africa and the United States wrestle with severe inequality, polarization, and the corrosion of democratic institutions. South Africa’s experiences provide important lessons for the United States’ own governance challenges.
How Inequality and Polarization Interact: America s Challenges Through a South African Lens - Carnegie Endowment for International Peace carnegieendowment.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carnegieendowment.org Daily Mail and Mail on Sunday newspapers.