Case | HBS Case Collection | October 2013

Japan: Abe's Three Arrows?

by Richard H.K. Vietor


After the Koizumi government ended in 2006, Japan continued to struggle with slow growth, deflation and, in 2011, a tsunami and nuclear disaster. Following a series of several more unsuccessful prime ministers, Shinzo Abe again became the prime minister in 2012 and announced a new strategy of "three arrows," rapid quantitative easing, fiscal stimulus and structural reform. It remains to be seen if these policies can be implemented and, moreover, if they will work.

Keywords: economic development; quantitative easing; stagnation; national strategy; Development Economics; Economic Slowdown and Stagnation; Strategy; Japan;


Vietor, Richard H.K. "Japan: Abe's Three Arrows?" Harvard Business School Case 714-017, October 2013.