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Japan Revitalization
  • Feng Zhaokui, Honorary Academician, Chinese Academy of Social Sciences

    Apr 21, 2015

    The Japanese government pinned high hopes on the “three arrows” of fiscal reform, eager to suppress the deflation that has haunted the country for about a decade. But the moves haven’t solved key problems, including its aging and shrinking population. While the “third arrow” sent a clear signal for reforms and involved a wide range of sectors, the lack of real innovation in Abenomics has so far meant limited results.

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