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BizDaily: Japan's Abenomics Experiment

April 14th, 2015

Episode 215 of 643 episodes

We examine Abenomics, Japan's bold economic experiment. For more than twenty years the country's been trapped in a cycle of falling prices and negative growth. But since 2012, the government, with its new Prime Minister, Shinzo Abe, has been throwing hundreds of billions of dollars at the economy, hoping to kick-start it back into life. Who's benefitting from all this? Well it seems some city-dwellers are back in work, women especially, but some poorer communities, like the seaweed harvesters of Futtsu, continue to feel the pinch. We hear from them, from the government, and from one former banker who's returned after a quarter of a century working abroad.