Home GRASP GRASP/Japan 5 years on, Abenomics raises hope for ending deflation

5 years on, Abenomics raises hope for ending deflation

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The Japanese economy has been recovering moderately since Prime Minister Shinzo Abe’s second administration was launched in December 2012, with a gleam of hope now seen for pulling out of deflation.
The Japanese economy has been recovering moderately since Prime Minister Shinzo Abe’s second administration was launched in December 2012, with a gleam of hope now seen for pulling out of deflation.
This reflects the yen’s weakening, higher stock prices and a recovery in corporate earnings.
At the same time, there are concerns over the side effects of the Bank of Japan’s prolonged massive monetary easing, part of Abe’s five-year-old reflationary policy agenda, dubbed Abenomics.

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