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The Future Of Abenomics.doc
The Future Of Abenomics
The author is a professor with the School of Economics, Renmin University of China
Japanese Prime Minister Shinzo Abe has adopted a new method of treatment for the country’s economic recession—known as Abenomics—since regaining the position in 2012. Japan’s economy has indeed shown some progress, and the country’s economic growth is expected to reach 2.6 to 2.8 percent in 2013. It’s a positive achievement that comes at a time when developed economies struggle to address the aftermath of the global financial crisis.
Japan’s economic recovery will not be a bad thi
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