Economic pressures bring political instability – and economic pressures abound today. Global supply chains are still suffering from frictions related to the pandemic-re-opening, there is war in two of the world’s key food exporters, and sanctions on one of the world’s biggest crude oil exporters. Life could not be any worse for emerging economies that…
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Japan, having grappled with deflation during the lost decades (the 1990s-2010s), has repeatedly pursued government interventions in the hope of revitalizing its economy. One such strategy was ‘Abenomics’, a shock-and-awe stimulus policy that was the signature in the economic realm of Japan’s longest-serving Prime Minister – Shinzo Abe. The term, ‘Abenomics’ is a portmanteau of…
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