Salient to Investors:

William Pesek writes:

  • Unconventional policies have worked out better in the US than in Japan. 
  • Abe’s revitalization plan rests on two tired ideas – massive public-works projects and more monetary stimulus. Absent are steps to improve Japan’s economy, including tax reform, deregulation, joining free-trade agreements, empowering women, supporting entrepreneurs and increasing productivity.

Jeff Kingston at Temple University said tackling deflation requires much more than setting a target and opening the spigots, i.e. Abenomics.

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