Abenomics is in poor health after Nikkei slide – and it may be terminal
by Justin McCurry in Tokyo from Economics | The Guardian on (#13QW4)
ShinzA Abe was heralded for his plan to pull Japan out of deflationary spiral but programme is on brink after dismal week
Not long ago, ShinzA Abe was being heralded for the early success of his grand design to bring Japan out of a deflationary spiral that had haunted the world's third-biggest economy for two decades.
Soon after Abe became prime minister in December 2012, the first two of the three tenets of his "Abenomics" programme - monetary easing and fiscal stimulus - were having the desired effect.
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