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Markets are hailing Abe as a turnaround expert for injecting new vitality into the long-moribund Japanese economy. Yet all he has done so far is pressure the Bank of Japan to open its...
His plan, one of the world's most audacious experiments in economic policy in recent memory, combines a flood of cheap cash (doubling the money supply in two years), traditional fiscal...
Even after 20 years of stagnation, Japan remains the world’s third-largest economy, with a 2012 GDP of $6 trillion, equal to France, Italy and Spain combined. Financiers, business leaders...