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The record of Abenomics is at best mixed, and at worst a chronicle of failure.
Overall growth potential is minimal, lowflation embedded, and vulnerability to shocks high.
Orthodox macro policy is now exhausted, and progress in structural reform has been sluggish.
Outright moneta...

 

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Focus – Abenomics is found wanting

The record of Abenomics is at best mixed, and at worst a chronicle of failure. Overall growth potential is minimal, lowflation embedded, and vulnerability