Sunday, December 21, 2014

Abenomics Goes to the Polls

Shinzo Abe snap elections

As the Japanese economy sinks back into recession, Prime Minister Shinzo Abe has called for increased monetary stimulus, a postponement of the next income-tax hike, and a general election to be held on December 14. But with opposition parties posing little threat to the ruling coalition's mandate, what's behind Abe's decision to hold a snap election?

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