Soon, it will begin to taper off, and industrial output will approach full capacity. When demand begins to exceed supply, demand-side stimulus policies will become increasingly ineffective, and it will be time to launch the third arrow of Abenomics: growth-enhancing structural reforms.
好消息是增税的影响只是暂时的，并将很快开始逐渐消失，而工业产量则会接近满负荷。当需求开始超过供给的时候，需求端的刺激政策将逐渐变得无效，是时候射出安倍经济学的第三支箭：强化增长的结构性改革。