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
Tomoko Abe Tomoko Abe Abe is also a leader of a group of lawmakers called Energy Shift Japan, who are pushing the government to consider alternatives to nuclear power subsequent to the Fukushima nuclear power plant disaster in March 2011. Abe and Energy Shift Japan are backing a proposal to give green energy sources access to Japan's power grid. She quit the SDP shortly before the 2012 general election and joined the TPJ, founded by governor of Shiga Prefecture Yukiko Kada. The party performed poorly in the election and all the remaining diet members save Abe quit the party, meaning that the