assessments

Japan's Central Bank Needs a Course Correction

Jul 13, 2016 | 09:30 GMT
With bleak expectations for the Japanese economy in 2016, Prime Minister Shinzo Abe will pursue his Abenomics economic strategy with renewed vigor.
Pedestrians stand in front of a Tokyo Stock Exchange board on July 8. With bleak expectations for the Japanese economy in 2016, Prime Minister Shinzo Abe will pursue his Abenomics economic strategy with renewed vigor.
(KAZUHIRO NOGI/AFP/Getty Images)

The Bank of Japan's strategy won't work for much longer, and how it changes tactics will profoundly affect the prime minister's final years in office. Now, perhaps more than at any other time in Prime Minister Shinzo Abe's rule, global economic issues are weighing heavily on Japan's economy....

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