Abenomics is no miracle cure for a declining Japan

Max Walsh, 1 August 2013, The Australian Financial Review (subscription required)

Japan is ageing faster than any other developed economy. It is also shrinking. Abenomics may turn out to be a trick without a treat. 

Japan has posted its highest level of inflation since 2008. For the month of June, consumer prices, excluding food, rose by 0.8 per cent compared with the level in June 2012.

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Max Walsh

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Max Walsh was for many years one of Australia’s top economic and political commentators, highly regarded as a journalist, author and broadcaster. Throughout his career, Max was involved in all dimensions of the media industry, which has encompassed positions with two of Australia’s largest publishing companies and television networks.

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