'Under-researched' Japan could show economic dynamism again

Investors unconvinced

clock • 2 min read

Abenomics does not seem to be working. Despite further tinkering late last year, prime minister Shinzo Abe has yet to make significant headway achieving the structural changes necessary for sustainable growth, writes Aberdeen AM's Kwok Chern-Yeh.

The economy is still in a mess, job insecurity has become a way of life for most young people, and the national debt has ballooned to more than $70,000 for each citizen.     Negative rates are making the yen stronger, not weaker, while there is no evidence to show this experiment in monetary policy will ever persuade companies to expand and hire more people. Abe and Kuroda: How successful have Japan's dynamic duo been? As the population ages, the country cannot even rely on future generations for growth. Things look grim for a nation that used to symbolise Asian economic dynamism. ...

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