Japan's PM to exit as Abenomics fizzles with goals unmet

Trade war slowdown and coronavirus leave economy close to square one

20200830N Abe at NYSE

"Buy my Abenomics," Prime Minister Shinzo Abe urged at the New York Stock Exchange in September 2013, but it proved a hard sell to make toward the end of his time in office.

MASAHARU TATENO, Nikkei staff writer

TOKYO -- After his comeback as prime minister in December 2012, Shinzo Abe often talked about getting Japan's economy off to a "rocket start."

But the growth-boosting reflation campaign that became known as Abenomics fizzled in the second half of his record-breaking tenure.

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