August 31, 2020

COVID-19 Hampered Abenomics, Hayakawa Tells Reuters

Many businesses have become even more inclined to hoard cash than spend on new innovations since the COVID-19 outbreak, Senior Fellow Hideo Hayakawa told Reuters. This has hobbled the reforms needed to sustain Japan’s economic growth—the third arrow of Abenomics.

“Abenomics fails to deliver as Japan braces for post-Abe era,” Reuters

Profile of Senior Fellow Hideo Hayakawa