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For Japan, turns out Abenomics is not the golden ticket Add to ...

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After a flying start and some impressive gains in the early going, Abenomics, the Japanese government’s embrace of bold monetary and fiscal policies to revive the country’s flagging economic fortunes and eradicate crippling deflation, will soon be running into serious headwinds. And when that happens, economists who view the Keynesian-style intervention as a model for other struggling economies will have to look elsewhere for inspiration.

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