Global economy and Abenomics: the fruits and future prospects
Wednesday 27 september 2017, 9h00-10h30, 75007 Paris 

Chaired by Sébastien Jean, Director of the CEPII




Only available to Club Members


In this talk, we provide overview of the special features of ABENOMICS by covering the present, past 5 years and outlook.

ABENOMICS is designed to be a mindset revolution from the frozen state of the economy after the burst of the bubble economy in the 1990’s Japan has been a front runner in “Japanization”, which means other advanced nations are also experience balance sheet adjustments and subsequent secular stagnation.

There is a general view that the Japanese economy will possibly decline in the 2020’s.

Contrary to this prevailing pessimism, we have a more optimistic view and we conclude that Japan is a leader in crisis response during the long history after the Second World War.

Japan’s experience in dealing with the aging society, financial crisis and environmental issues provides a lesson for other advanced nations.

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