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-----Original Message-----
From: MeLinda MeLisa <[email protected]>
Sender: [email protected]
Date: Tue, 29 Mar 2011 02:43:05 
To: <[email protected]>
Reply-To: [email protected]
Subject: [StockForex] Japanese reconstruction may boost GDP growth

Japanese reconstruction may boost GDP growth

29 March 2011 - marketcall.net


Experts suggest the massive Japanese earthquake may push up the
country’s gross domestic product (GDP) as a result of the
reconstruction efforts but Japanese equities and insurers are likely
to suffer.

A report from Citi expects reconstruction demand will materialise in
the second half (H2) of 2011, eventually pushing up GDP.

"We estimate the net impact on GDP growth in 2011 at +0.2% to 0.3%
points," said Citi.

This supposition was supported by rating's agency Moody's.

"Reconstruction spending will likely prove to be a very effective and
justifiable fiscal stimulus. Such expenditure will likely offset the
economic impact from immediate losses in production and demand," it
said.


Source: http://www.marketcall.net/


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