Grading Abenomics
Last December, Shinzo Abe returned as Japan's prime minister and quickly launched what came to be known as “Abenomics,” a strategy designed to end almost two decades of deflation and stagnation. A year later, an initial assessment of how Abe's strategy is faring indicates both progress and shortcomings.
TOKYO – It has been almost a year since Prime Minister Shinzo Abe launched his plan to lift Japan’s economy out of two decades of deflation and recession. How has “Abenomics” fared so far?