Nissan Seminar: “Abenomics: Has it worked? Will it fail?”
Abenomics initially generated high expectations, but the mood has currently shifted to present it as another failed economic experiment. Opinions on Abenomics are however often closed to caricatures. It is thus crucial to provide a critical and balanced evaluation. We argue that Abenomics acted decisively with proactive policies to reverse one of the causes of the Japanese slowdown over the past twenty years – inconsistent economic policies – and that these actions are yielding preliminary results. We are more critical about long-term issues: the problem is not so much the lack of structural reforms – as shown by the case of trade policies – as their limits to raise Japan’s growth potential.
Date
Friday, 11/11/2016 – 17:00 to 18:30
Location
Pavilion Room, 4th Floor, Gateway Building, St. Antony’s College, Oxford
Convenor
Professors Sho Konishi and Hugh Whittaker
Speaker(s)
Professor Sébastien Lechevalier, Ecole des Hautes Etudes en Sciences Sociales (EHESS), Paris
Research Centre
Nissan Institute of Japanese Studies
Credits photo Tokyo, Japan: M M from Switzerland