Opinion
Six Abenomics lessons for a world struggling with ‘Japanification’
While Abenomics did not live up to its promises, there are powerful lessons from its failure that are relevant for other economies chasing inflation.
Robin Harding“Buy my Abenomics!” urged Japanese Prime Minister Shinzo Abe in 2013. And we did.
In an all-time triumph of Something-nomics branding, Abe convinced the world that his so-called three arrows of “bold monetary policy, flexible fiscal policy and a growth strategy” would transform Japan’s economy. Now Abe is stepping down after more than eight years in power. It is time to judge: did Abenomics succeed?
Financial Times
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Asia
Fetching latest articles