The economic legacy left behind by Shinzo Abe
Japan’s longest serving ex-Prime Minister Shinzo Abe, once described as “one of the world’s most recognisable statesmen” by the Financial Times, was gunned down on July 8 at the age of 67. While tributes poured in for Abe from Japan as well as other parts of the world, what exactly is the economic legacy of a man who gave his name to an economic policy approach? Japan’s longest serving ex-Prime Minister Shinzo Abe, once described as “one of the world’s most recognisable statesmen” by the Financial Times, was gunned down on July 8 at the age of 67. While tributes poured in for Abe from Japan as well as other parts of the world, what exactly is the economic legacy of a man who gave his name to an economic policy approach? Here are four charts which try to answer this question. “Abenomics” gave a small boost to the Japanese economy … The Japanese economy entered a prolonged recession from the 1990s, much before Abe took office. He had two terms as the prime minister, the first o...