Abenomics
Noun
Meaning
Abenomics (uncountable)
The economic policies advocated by Japanese Prime Minister Shinzō Abe.
Examples
Abe had early success with his “Abenomics” economic initiatives but the coronavirus pandemic has eradicated those gains.
Abenomics has thus far given the economy of Japan a low and unsteady growth rate.
Note that this also means that Abenomics has had more time to prove itself than other policy implemented by other administration in postwar history -- and it still fell flat.
Prime Minister Shinzo Abe took office in late 2012 and has since seen the halting progress made under his “Abenomics” economic platform to spur inflation to restore sustained growth essentially drained away in the pandemic.
There is no need for debate - Abenomics simply must continue, even if the architect (PM Abe) is no longer directing everything.
This will break the government’s six-year run of reducing total bond issuance as Abenomics has helped to boost economic growth and therefore tax receipts to help make at least a small impact on the debt mountain.