Japan's Bold New Direction for Its Economy

Brief Summary

Wharton Professor Franklin Allen discusses Japan's economic policy changes under Shinzo Abe and their implications for competitiveness and inflation.

Key points

• Japan's Economic Policy Shakeup. A dramatic shift in Japan's economic policy under Prime Minister Shinzo Abe raises questions about future impacts.
• The Risks of Inflation. Concerns about potential inflationary effects from Japan's new monetary policies.