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.
