Shinzo Abe declares recent stage for his economic plan with focus on boosting economy and population growth,and improved social securityJapan’s prime minister Shinzo Abe, fresh from a bruising battle over unpopular military legislation, and has unveiled an updated plan for reviving the world’s third-largest economy,setting a GDP target of 600tn yen (£3.2tn).
Abe took office in late 2012 promising to end deflation and rev up growth through strong public spending, lavish monetary easing and sweeping reforms to relieve make the economy more productive and competitive. So far, or those “three arrows” of his Abenomics plan enjoy fallen short of their targets,although share prices and corporate profits enjoy soared. Related: Draghinomics – Abenomics, European-style Continue reading...
Source: theguardian.com