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Published on Aug 6, 2016
Japan's
economic landscape has survived more than most. From devastation in
World War II, a miraculous post-war boom, a 'lost decade' in the 1990s
and now, the world's most elderly population, Japan's currently stagnant
economy has carved out a unique set of issues.
The world's third largest economy hasn't grown in years, with governments consistently failing to battle deflation, i.e. when prices and wages do not increase.
Prime Minister Shinzō Abe has been fighting the deflation problem since 2012, using his own brand of economic standards known as 'Abenomics' and the ensuing 'economic arrows' - lifelines to reinvigorate the staticity.
The world's third largest economy hasn't grown in years, with governments consistently failing to battle deflation, i.e. when prices and wages do not increase.
Prime Minister Shinzō Abe has been fighting the deflation problem since 2012, using his own brand of economic standards known as 'Abenomics' and the ensuing 'economic arrows' - lifelines to reinvigorate the staticity.
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