The Eurozone faces the prospect of sliding into a long period of low growth and inflation – namely “Japanification”. With current central bank policies expected to continue, albeit with some revision in 2020, the Eurozone broadly reflects what Japan has experienced for several decades since the beginning of the 1990s. The question is whether the Eurozone can withstand these trends and overcome various structural barriers.

In this CIO Special – Caught in a low-growth eternity?  – we discuss the following topics:

  • The causes and consequences of the “lost decades” for the Japanese economy.
  • Similarities and differences of both regions with respect to the underlying conditions and policy reactions.
  • What the Eurozone can learn from Japan, what it can do to avoid “Japanification” and why there are reasons for optimism.

To download a PDF of the full report, please click here.

In Europe, Middle East and Africa as well as in Asia Pacific this material is considered marketing material, but this is not thecase in the U.S. No assurance can be given that any forecast or target can be achieved. Forecasts are based on assumptions, estimates, opinions and hypothetical models which may prove to be incorrect. Past performance is not indicative of future returns. Investments come with risk. The value of an investment can fall as well as riseand you might not get back the amount originally invested at any point in time. Your capital may be at risk.

The content and materials on this website may be considered Marketing Material. The market price of an investment can fall as well as rise and you might not get back the amount originally invested.  The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consider the sales restrictions relating to the products or services in question for further information. Deutsche Bank does not give tax or legal advice; prospective investors should seek advice from their own tax advisers and/or lawyers before entering into any investment.