ft社评安倍经济学陷入困境（FT editorial Andouble economics in trouble）.docVIP

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2018-05-30 发布于河南
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ft社评安倍经济学陷入困境（FT editorial Andouble economics in trouble）.doc

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ft社评安倍经济学陷入困境（FT editorial Andouble economics in trouble）

ft社评安倍经济学陷入困境（FT editorial Andouble economics in trouble） FT editorial: Andouble economics in trouble In December 2012, when Abe Shinzo (Shinzo Abe) came back to power, he promised to revive the long stalled Japanese economy. Nearly two years later, the Japanese Prime Ministers ambitious economic policy portfolio, commonly known as Andoubles Economics (Abenomics), is in trouble. Abes revitalization of Japan is roughly divided into three parts - he cited a Japanese folk tale, called three arrows.. In just a few weeks, he launched a big fiscal stimulus, followed by massive QE to get Japan out of the deflationary spiral. Earlier this year, Andouble unveiled the details of the third arrows: a broad range of structural reforms aimed at improving long-term economic growth. Today, the latest GDP data is concerned about the Andouble economics may be shut down. At an annual rate, Japans GDP shrank by 6.8% in the second quarter, the worst contraction since the earthquake and tsunami struck more than 3 years ago in the northeastern part of the country, data show. Thats far more than economists predicted this spring. We need to look at this set of GDP data correctly. Andouble can claim that many parts of his economic strategy are still working. Profits in Japanese companies are at record levels, partly because quantitative easing has led to a weaker yen. After years of vicious deflation, Japans inflation rate was 1.3% in the year to June. Still, Andouble and his government still need to reflect on how difficult it is to make the economy grow The main reason why GDP has shrunk so far is that the Japanese government has raised the national consumption tax. Japans public debt is the highest in the world, making it an important task for the Japanese government to increase taxes. To this end, Andouble from April this year, the consumption tax increased by 3 percentage points, this policy led to many families and businesses changed spending patterns. After the GDP figures are release