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Conclusion: The Third Lost Decade?

In: Japan Inc. on the Brink

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  • Susan Carpenter

Abstract

Abe’s brew of reckless monetary policies combined with a revved-up version of tired fiscal policies mixed with a good dose of neo-nationalism may prove disastrous. Why Japan Can’t Reform detailed the brief administrations of Prime Ministers Abe, Fukuda and Aso (2006–9) in their attempts to drag Japan’s floundering economy out of deflation, to lower public debt and to initiate institutional reforms. However, their administrations were plagued by political scandals and factional bickering and initiatives for structural reforms were postponed.

Suggested Citation

  • Susan Carpenter, 2015. "Conclusion: The Third Lost Decade?," Palgrave Macmillan Books, in: Japan Inc. on the Brink, pages 265-298, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-46944-1_16
    DOI: 10.1057/9781137469441_16
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