At Risk Again: Japan to Launch ‘Abenomics 2.0’ as Manufacturing Stumbles

Wednesday, September 30, 2015
By Paul Martin

SputnikNews.com
30.09.2015

Amidst lackluster macroeconomic indicators, Japanese PM Shinzo Abe plans to launch ‘Abenomics 2.0’ providing a boost to economic growth and inflation via 1980s-style fiscal stimulus and corporate governance reform, bolstering market competition.

Kristian Rouz – As Japan is entering a new era in its economic policies, dubbed ‘Abenomics 2.0’, the nation’s industrial output suddenly dropped in August from July, while retail sales remain weak due to the negligible expansion in prices. Japan’s Prime Minister Shinzo Abe is now aiming at boosting growth via improved corporate governance and aggressive fiscal policies after only a partial success of the previous rendition of ‘Abenomics’. However, repeating the 1980s fiscal-propelled growth model might be hazardous in the current circumstances as an increased burden of national debt might undermine the current ‘safe-haven’ status of many Japanese financial assets. The mixed bag of macroeconomic signals is stirring a massive debate over future Japanese economic policy.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter