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Japan's Economy Is Back to Where It Started

Jul 12, 2016 | 09:03 GMT
Japanese Prime Minister Shinzo Abe rose to power on the promise of Abenomics, but global economic developments, particularly in China and post-Brexit Europe, have called into question his strategies for achieving reforms.
British Prime Minister David Cameron (L) speaks with Japanese Prime Minister Shinzo Abe on May 5, ahead of the British referendum on EU membership. The Brexit vote may undo what little progress Japan has made in getting its economy back on track.
(EDDIE KEOGH/Getty Images)

Despite his far-reaching plans, the prime minister's efforts to stimulate growth in Japan have largely been undone by instability in the global economy, including from developments in China and in post-Brexit Europe. His political legacy on the line, Abe will have to double down to make Abenomics a success. ...

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