The Yen Sets, but Does the Sun Rise? Abenomics and the Future of Japan

Aug 04, 2014

Ross DeVol, Donald Markwardt, and Nan Zhang

Publisher: Milken Institute

Often described as the "three-arrow policy," Abenomics—the term coined to represent Japan’s Prime Minister Shinzo Abe’s economic policies—has included aggressive steps designed to break the grip of deflation. Having dealt with years of economic stagnation after the collapse of asset bubbles, Abe’s platform to restore national growth has been tremendous. But will it continue to show signs of success? This report analyzes the impact of Abenomics and identifies opportunities for improvement.