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Tag Archives: Nikkei Stock Index

Why Are Japanese Millennials Voting Against Their Own Interests?

Since Shinzo Abe stormed back into power in December 2012, he and his Liberal Democratic Party have been able to count upon Japanese millennials as a steady and reliable support base. But the Liberal Democratic Party espouses stances on a variety of issues which run directly counter to millennials’ interests, hopes and beliefs.

Abenomics Beyond the Nikkei

The Nikkei, Japan’s most important stock index, hit a 15-year high last Friday with closing figures above the 19,000 mark. The advance of the stock market, which is largely owed to multinationals operating overseas profiting from Abenomics’ policy of monetary easing, along with a stable increase in demand from the United States, is a welcome success for Prime Minister Shinzo Abe, whose hesitance to implement or clearly define the crucial “third arrow” of his economic policy has been criticized by politicians and economists alike.