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Thursday, September 24, 2015

Abenomics "3 arrows"

Abenomics "3 arrows":
[1st] 1. Financial policy (QE), 2. Fiscal policy (expansionary), 3. Economic growth (deregulations, etc.)
[2nd] 1. Strong economy, 2. Support for raising children, 3. Social security (Less unemployed people for nursing-care, more elderly workers)

From macroeconomics perspective, the 1st is mainly for the demand side while the 2nd is for the supply side.

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