Washington Post (June 8)
“Fumio Kishida, the current Japanese leader, last week launched what he called the “Grand Design” for his “New Form of Capitalism.” It is neither simple or direct. “Watered down, muddled and both confusing and a bit confused, Kishida’s flagship economic policy could learn a lot from the Three Arrows,” which effectively simplified “a complex recipe of monetary, fiscal and supply-side solutions.”
Tags: “Grand Design”, Confusing, Economic policy, Fiscal, Flagship, Japan, Kishida, Monetary, Muddled, Supply side, Three arrows, Watered down
The Economist (July 30)
When it comes to the three arrows of Abenomics, “the prevailing view is that none has hit home. Headline inflation was negative in the year to May. Japan’s public debt looks as bad as ever. In areas such as labour-market reform, nowhere near enough has been done.”
Tags: Abenomics, Inflation, Japan, Labor market, Public debt, Reform, Three arrows
