Six months into Japanese Prime Minister Shinzo Abe’s economic experiment and the nation has seen an impressive rally in its stock market alongside a swift depreciation in the yen, which has its key export sector cheering.
But, skepticism is setting in among consumers in the world’s third largest economy over Abe’s radical policies and whether he will be able to successfully deliver on his promise to end two decades of economic stagnation and ignite inflation.
“What Abe is trying to do is admirable -you have to be forceful – but whether he can pull it through, that’s another thing. I don’t think it’s going to be that easy going forward,”40-year-old Tomo Murakami, director of an advertising firm in Tokyo, told CNBC.
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