The Real Odds Of Shinzo Abe Reversing Japan’s Economic Slide
- Thursday, July 21, 2016, 21:45
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Japanese Prime Minister Shinzo Abe’s ruling coalition won a comfortable majority of contested parliament seats this month, giving it dominance in both legislative chambers. Party over already. The capture of 70 seats, of 121 open, on July 10 doesn’t quite point to popularity for the PM, who’s known globally for ambitious economic revival policies. It means a vote for business as usual at best and comes with growing pressure for the revival policies, dubbed Abenomics, to live up to their fame and stimulate the world’s still ailing third biggest economy.
http://www.forbes.com/sites/ralphjennings/2016/07/21/why-japans-shinzo-abe-cant-celebrate-his-july-coalition-victory/