Lost Decade (Japan) Decade. However, several Japanese policymakers have attempted reforms to address the malaise in the Japanese economy. After Shinzo Abe was elected as Japanese prime minister in December 2012, Abe introduced a reform program known as Abenomics which sought to address many of the issues raised by Japan's Lost Decade. His "three arrows" of reform intend to address Japan's chronically low inflation, decreasing worker productivity relative to other developed nations, and demographic issues raised by an aging population. Investor response to the announced reform was strong, and the Nikkei 225 rallied to 20,000 in May 2015 from a low of around
Sanji Abe Sanji Abe Abe was born in Kailua, Hawaii in 1895 to immigrant parents from Japan, Matsujiro and Raku, who had arrived in the islands two years earlier as migrant workers from Fukuoka. He attended public schools there. He entered the police department as a Japanese interpreter in 1918, and as a member of the Hawaii National Guard was taken into the United States Army with his fellow guardsmen to serve in World War I. After the war, he rose to the rank of deputy sheriff. He was married to Asami Miyose Abe, with whom he had six children. In 1940,