Can Abenomics Succeed? :Overcoming the Legacy of Japan's Lost Decades

Dennis P. J. Botman · Stephan Danninger · Jerald Schiff

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Monetary Policy and Economic Impact Economic, financial, and policy analysis European Monetary and Fiscal Policies

Abstract

Japan's revitalization plan, dubbed the three arrows of Abenomics, devises a three-pronged strategy - combining fiscal, monetary, and structural policies - to overcome that country's apparent inability to sustain economic recovery. This book is the first comprehensive assessment of Abenomics and the reforms needed to make it a success, including aggressive monetary easing, growth-friendly fiscal consolidation, and structural and financial sector reforms.

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1998Asian financial crisis

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2015Inflation-Forecast Targeting

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