Can Abenomics Succeed and Where Does Japan Go if it Doesn’t?
|The government of Prime Minister Abe is engaged in a most concerted attempt to rescue the Japanese economy from two decades of desuetude. Monetary easing, fiscal stimulus and structural reforms are the famous ‘three arrows’ of Abe’s revival plan. To date, only one, monetary easing has had any notable success. The Japanese economy slipped into recession last year and its recovery since has been unimpressive. What are the economic assumptions behind Mr. Abe’s program? What options does Prime Minister Abe have, aside from retirement, if his plan fails? Is Japan the future of all ageing industrial societies, or is Japan a singular and unfortunate case? Please join us for a fascinating voyage East and perhaps into the future.
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