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Wages in Japan need to rise for Abenomics to work, says IMF

Tuesday, March 15, 2016 - 05:50

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Abenomics needs a "fourth arrow" - an official policy to boost wages - that will work in tandem with other stimulus policies being implemented under the original three arrows, the International Monetary Fund (IMF) said on Monday.

Tokyo

ABENOMICS needs a "fourth arrow" - an official policy to boost wages - that will work in tandem with other stimulus policies being implemented under the original three arrows, the International Monetary Fund (IMF) said on Monday.

"Wages need to grow if Japan is to make a

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