Abenomics Has Been a 'Flop,' Professor Kingston Says

The video discusses the challenges of policy continuity in Japan, particularly in the context of Abenomics and its perceived failures. It explores potential successors to Prime Minister Shinzo Abe and the implications of policy continuity during the pandemic. The discussion highlights the economic challenges Japan faced before the pandemic, including the US-China trade war and sales tax increases. Public perception of Abe's pandemic response and political scandals are also examined, along with his efforts towards nationalism and constitutional revision.

What was one of the main criticisms of Abenomics according to the transcript?

• It focused too much on structural reforms.

• It significantly reduced inequality.

• It failed to achieve constitutional revision.

• It increased household wages.

Who is favored by the party elders to replace Abe?

• A member of the opposition

• An independent candidate

• Abe himself

• Sugah

What was one of the economic challenges Japan faced before the pandemic?

• A rise in foreign investments

• A significant increase in exports

• A decrease in the sales tax

• The US-China Trade War

What was the public's reaction to Abe's pandemic response?

• They praised his efforts.

• They supported his distribution of masks.

• They criticized him for being disengaged.

• They were indifferent.

What was one of the intended purposes of Abenomics' fiscal stimulus?

• To reduce government spending

• To buy time for structural reforms

• To permanently boost the economy

• To increase the sales tax

How did the public generally feel about Abe's nationalist policies?

• They were met with indifference.

• They were widely supported.

• They resonated with the broader public.

• They did not resonate with the broader public.

What was one of the reasons for Abe's resignation?

• His economic achievements

• A series of political scandals

• His successful pandemic response

• His popularity with the public