A 4th Arrow for Abenomics?

An article by Grant Newsham, a Risk Mitigation Advisor and CEO of the "3rd Rail" organization,  on Abenomics was published in the Asia Times. This is  an interesting piece on the Japanese economy entitled, "Abe Needs a Fourth Arrow," and the full text of the article may be found by here

 

Mr. Newsham makes the point that Abenomics is said to have three arrows: monetary policy, fiscal policy and restructuring. His suggestion: add a fourth arrow and call it psychology.

 

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