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Abenomics: Evaluation of the First Year
Takatoshi Ito, University of Tokyo
A year has passed since the Japanese government embarked on the new economic policy package called “Abenomics” with three “arrows”: aggressive monetary easing, flexible fiscal policy, and a growth strategy. The package is designed to bring the Japanese economy out of 20 years of stagnation and 15 years of deflation, and put it on a sustainable growth path. How effective has the policy package been during the first year of the Abe administration? Will it succeed in bringing sustainable growth to Japan? Professor Takatoshi Ito, a prominent expert on the Japanese economy, tackles these questions.
Friday, February 07, 2014 | 3:30 pm — 5:00 pm