IMF: Abenomics Not Showing Expected Result

The video discusses the limited impact of Abenomics, highlighting the weaker yen's ineffectiveness in boosting exports and domestic consumption. Despite expectations of moderate economic growth, structural reforms and wage hikes have not materialized, posing risks to the economy. The lag in wage growth is a significant issue, hindering inflation targets. Loose monetary policy was expected to benefit businesses and increase wages, but real disposable income continues to decline, affecting Japanese households.

What measures have been taken to encourage businesses to raise employee wages?

What impact has the decline in real disposable income had on Japanese households?