'Abenomics' era ends as premier calls it a day
I apologise from the bottom of my heart that despite all of the support from the Japanese people, I am leaving, said Abe Shinzo
30 August 2020 - 00:00
Japan's Abe Shinzo said on Friday he was resigning because of poor health, ending a tenure as the country's longest-serving prime minister in which he sought to revive an economy stricken by deflation and push for a stronger military.
His abrupt departure triggers a leadership battle in his Liberal Democratic Party over the next few weeks. The winner will likely stick to Abe's reflationary “Abenomics” policies that had mixed results in resuscitating the world's third-largest economy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.