All posts filed under: Meghna Rangan

The A, B, C’s of Abenomics

The combined policies of the BoJ and the Japanese Ministry of Finance have been controversial. But have they worked? By Meghna Rangan      Japan – the country known in economic and financial circles for the ‘Lost Decade of the ‘90s’,  characterized by sluggish growth and a million policy attempts to correct it, in recent years has faced a time that was startlingly similar. For the last few years, Japan has been under the spotlight for the intriguing economic experiment of Abenomics. Here is all you need to know to make just the appropriate amount of intelligent conversation about this pertinent economic issue. What is Abenomics?      Abenomics is the colloquial name for the economic experiment implemented by its namesake, Prime Minister Shinzo Abe in December 2012. This term referred to economic reforms and policies to reflate and reform the slacking Japanese economy. With low and negative inflation rates, economic stagnation and low productivity, economic resurrection was attempted based on what was referred to as the ‘three arrows’ – monetary stimulus, fiscal flexibility and …