Failure of Abenomics
April 23, 2016Abenomics (アベノミクス Abenomikusu) in Japan are the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan. Abenomics is based upon “three arrows” of fiscal stimulus, monetary easing, and structural reforms. This has been a complete failure as the economy continues […]