Ashlyn Anderson, Lauren Dickey, Darcie Draudt, Charles McClean, Will Piekos, and Sharone Tobias look at the top stories in Asia today.
1. Abe fires the “third arrow” of his growth strategy Abenomics. Japanese prime minister Shinzo Abe announced the “third arrow” of his economic reform policy this week. The third arrow, experts say, is important but difficult, and seeks to address issues of tax reform, population decline, and immigration, as well as trade and agricultural reform. This phase follows the first (a fiscal stimulus) and the second (massive quantitative easing to provide a monetary boost). “Abenomics” claims to address the large challenges threatening Japan’s economy, including one of the biggest debt-to-GDP ratios in the world and an ageing society. Read more »