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Abenomics is in poor health after Nikkei slide – and it may be terminal

Discussion in 'Market News' started by Lily, Feb 12, 2016.

  1. Lily

    Lily Forum Member

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    Shinzō Abe was heralded for his plan to pull Japan out of deflationary spiral but programme is on brink after dismal week

    Not long ago, Shinzō Abe was being heralded for the early success of his grand design to bring Japan out of a deflationary spiral that had haunted the world’s third-biggest economy for two decades.

    Soon after Abe became prime minister in December 2012, the first two of the three tenets of his “Abenomics” programme – monetary easing and fiscal stimulus – were having the desired effect.

    Related: Japanese stock market plunges 5% as global rout gathers pace

    Related: Tokyo: the city that came out of the shadows

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