Prime Minister Shinzo Abe's plan to revive the Japanese economy rests on three pillars - or, "arrows" as he likes to put it. The three include: monetary stimulus through massive quantitative easing; fiscal stimulus through large-scale spending on infrastructure and a "growth strategy" of long-term reforms to open the economy to greater competition and a greater opening to the world by participation in free trade zones such as the Trans Pacific Partnership (TPP).
Can Japan Get its Mojo Back?
Prime Minister Shinzo Abe's plan to revive the Japanese economy rests on three pillars - or, "arrows" as he likes to put it. The three include: monetary stimulus through massive quantitative easing; fiscal stimulus through large-scale spending on infrastructure and a "growth strategy" of long-term reforms to open the economy to greater competition and a greater opening to the world by participation in free trade zones such as the Trans Pacific Partnership (TPP).
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