Retiring Abenomics
Outgoing Japanese Prime Minister Shinzo Abe's highly publicized economic-policy program was supposed to rescue Japan from years of disappointing growth, below-target inflation, and rising debt. But, in the end, the most that can be said for it is that it has offered a cautionary tale for other aging rich countries.
BERLIN – The official reason given for Shinzo Abe’s departure as Japan’s longest-serving prime minister was personal health. And now, his signature economic-policy program may be headed for a similar fate.