Wage increases are vital for Abenomics – without them the current policies are simply unsustainable
The Bank of Japan is sticking to its policy of fiscal stimulus to try to stoke inflation, and that’s rattled markets worldwide.
A few weeks ago The Economist depicted Japanese Prime Minister Shinzo Abe as a super-hero on its May 17 cover. Noting specifically, “Is it a bird? Is it a plane? No….It’s Japan.”