The Soft Center of Abenomics

The Japanese government pinned high hopes on the “three arrows” of fiscal reform, eager to suppress the deflation that has haunted the country for about a decade. But the moves haven’t solved key problems, including its aging and shrinking population. While the “third arrow” sent a clear signal for reforms and involved a wide range of sectors, the lack of real innovation in Abenomics has so far meant limited results.

Feng Zhaokui, Honorary Academician, CASS via CHINA US Focus http://ift.tt/1FbbeHD