Tag: #Abenomics

As Abe steps down, did Abenomics succeed?

Erik Norland November 04, 2020

As Abe steps down, did Abenomics succeed?

Former Prime Minister Shinzo Abe's resignation could significantly alter Japan's economic policies. When Abe took the reins in December 2012, the economy was beset by three intertwined problems: large annual budget deficits; persistent deflation, which made reducing debt ratios nearly impossible; and weak economic growth since Japan's equity...More