Can Abenomics Part 3 Save Japan?

TOKYO-Next month, Japanese prime minister Shinzo Abe will unveil additional details about the third of his “Three Arrows” meant to jolt an anemic Japanese economy back to life. The question is whether these measures will be effective, and based on American experience, they could prove mixed. While final details haven’t been released, we expect they’ll entail some sort of deregulation aimed at unleashing competitive enterprise and the creation of special economic zones, known as tokku in...