| Format du dépôt |
Fichier |
| Type de dépôt |
Pré-publication, Document de travail |
| Titre |
en
Abenomics: Has it worked? Will it fail?
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| Résumé |
en
Abenomics initially generated high expectations but it has more recently come to be seen as yet another failed economic experiment. Yet discussion of Abenomics often verges on caricature. It is thus crucial to provide a critical and balanced evaluation. We argue that, over the past four years, the proactive policies pursued under Abenomics have played a decisive role in reversing one cause of the Japanese slowdown – inconsistent economic policies – and that they are now yielding preliminary results. We are more critical in regards to long-term issues: as the case of trade policy shows, the problem is not so much a lack of structural reform as limits to its ability to increase Japan’s growth potential.
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Auteur(s)
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Sébastien Lechevalier
1
, Brieuc Monfort
2
1
CCJ -
Chine, Corée, Japon
( 24516 )
- EHESS 190 avenue de France 75244 Paris cedex 13
- France
-
École des hautes études en sciences sociales ( 99539 )
;
-
Université Paris Diderot - Paris 7 UMR_8173 ( 300301 )
;
-
Centre National de la Recherche Scientifique UMR8173 ( 441569 )
2
EHESS -
École des hautes études en sciences sociales
( 99539 )
- 54, boulevard Raspail 75006 Paris
- France
|
| Langue du document |
Anglais
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| Domaine(s) |
-
Sciences de l'Homme et Société/Economies et finances
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Sciences de l'Homme et Société/Science politique
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Sciences de l'Homme et Société/Sociologie
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| Mots-clés (JEL) |
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E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit
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E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit/E.E5.E52 - Monetary Policy
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E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
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E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook/E.E6.E62 - Fiscal Policy
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E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook/E.E6.E64 - Incomes Policy • Price Policy
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H - Public Economics/H.H6 - National Budget, Deficit, and Debt
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H - Public Economics/H.H6 - National Budget, Deficit, and Debt/H.H6.H60 - General
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O - Economic Development, Innovation, Technological Change, and Growth
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O - Economic Development, Innovation, Technological Change, and Growth/O.O2 - Development Planning and Policy/O.O2.O24 - Trade Policy • Factor Movement Policy • Foreign Exchange Policy
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O - Economic Development, Innovation, Technological Change, and Growth/O.O2 - Development Planning and Policy/O.O2.O25 - Industrial Policy
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| Référence interne |
|
| Collaboration/Projet |
-
Center for French-Japanese Advanced Studies (CEAFJP, Paris)
|
| Mots-clés |
en
fiscal policy, Monetary policy, structural reforms, deflation, Japan
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