Japan
Currently in Japan, Monetary policy pertains to the regulation, availability and cost of credit while the fiscal policy works on government expenditures and dept. Japan has a central bank and it shows the cost of credits and availability. But recently, Japan’s government changed their Monetary and Fiscal policy. The new policy was made in order to control government spending, and make Japanese business more competitive. The citizens and specialists in Japan call these change Abeconomics. People believe that there are benefits from this change, but also many disadvantages. People believe that it will lead to more growth and will bring higher investment and better net trade contributions. But tighter fiscal policy will bring higher consumption tax rate and will be difficult for Japan to transition to self sustained growth.


Finland
According to Finland’s Monetary policy, their primary objective of the Eurosystem is to maintain price stability in the euro area and safeguard the purchasing power of euros. This monetary policy should provide framework for policy decision process. It should ensure that the government can make analysis about price stability and decisions. Also, it should be a tool that is used to communicate with citizens. It’s shown to be efficient when the public is convinced tat the policy is just for the price stability. The price stability should increase the consumer prices for euros below 2%. They are also aiming to inflation rates close to 2%. I think the citizens also like this policy because it has brought a bit of increase in the last 10 years.