SEOUL – Given the daunting challenges facing Japan, one can only admire Prime Minister Shinzo Abe’s determination to end the country’s two-decade-long period of economic stagnation. His strategy – the “three arrows” of massive monetary expansion, increased government spending, and structural reform – is theoretically sound.
首尔—考虑到日本所面临的艰巨挑战，我们对日本首相安倍晋三结束日本二十年经济停滞的决心只能抱有敬仰之情。他的战略——由大规模货币扩张、政府增支和结构性改革组成的“三支箭”——在理论上是可行的。但到目前为止只射出了一支半。