Abe Sells Unfinished Policy Plan as He Rejects Failure
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With Japan’s most ambitious plan to pull out of two decades of economic stagnation still a work-in-progress and the nation seeking to recover from a recession, Prime Minister Shinzo Abe is seeking a fresh mandate for change.
Abe, 60, leads his coalition to an early election with a mixed record for his Abenomics program. Successes in a more-competitive exchange rate, stock-market boom, surge in corporate profits and the end of deflation contrast with scant gains in full-time jobs, a slide in inflation-adjusted wages and the midyear recession.