Author: Hayakawa Hideo
Categories: In-Depth with Nippon.com
Prime Minister Abe’s announcement of three new arrows to guide stage two of Abenomics took the nation by surprise. It signals a recognition that the first three arrows are not working, writes former BOJ Executive Director Hayakawa Hideo, and forebodes a major shift in monetary policy.
Tags: Abe, Abenomics, abenomics 2.0, approval ratings, birth rate, cpi, debt, deflation, Economy, elder care, fertility rate, fiscal policy, GDP, growth rate, inflation, investment, Japan, LDP, monetary policy, money, quantitative easing, Shinzo Abe, social security, work-life balance