Abe has said the cabinet reshuffle comes from his desire for the continued promotion of his economic policies, adding that 'Our biggest priority is the economy, we will implement all sorts of policies to pull Japan out of deflation as swiftly as possible'. Photo: EPA

Japan’s massive stimulus package will fail without structural reform

The key is Shnizo Abe’s so-called “third arrow” – freeing up an inflexible labour market, dismantling over regulation of business and raising female participation in the workforce

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Abe has said the cabinet reshuffle comes from his desire for the continued promotion of his economic policies, adding that 'Our biggest priority is the economy, we will implement all sorts of policies to pull Japan out of deflation as swiftly as possible'. Photo: EPA
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