Japan GDP `Artificially Induced,' S&P's Sheard Says

Japan GDP `Artificially Induced,' S&P's Sheard Says Play

May 15 (Bloomberg) -- Paul Sheard, chief global economist at Standard & Poor's, talks about Japan's economy, government and central bank policies. Japan's economy grew at the fastest pace since 2011 in the first quarter as companies stepped up investment and consumers splurged before the first sales-tax rise in 17 years last month. Sheard also discusses the outlook for the global economy. He speaks from Tokyo with John Dawson on Bloomberg Television's "First Up." (Source: Bloomberg)

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