Prime Minister Shinzo Abe’s fiscal-stimulus policies dubbed “Abenomics” have guided long-suffering Japan to three consecutive quarters of growth. The prices are finally rising, along with the stock market and that is drawing increasing attention from economists in the West.
According to the reports released by a popular Business Magazine on Monday, the economy of Japan led by the robust reconstruction and spending of the consumers is still recovering after the country was hit by an earthquake only last year. The government reported on Monday that there are still signs that show a slowdown in the economies of the global market. This factor of slowing down of economy is spreading and it poses a threat to the market all over the world.