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
Shinnosuke Abe Shinnosuke Abe In the 2009 Japan Series, won by Abe's Giants 4 games to 2 over the Hokkaido Nippon-Ham Fighters, he was named the Most Valuable Player. In 2012, after hitting .340 with 27 home runs and 104 RBIs, Abe was named the Central League Most Valuable Player. In addition, Abe was the co-recipient (along with teammate Tatsunori Hara) of the 20112 Matsutaro Shoriki Award. He was the captain of Japanese national team in 2013 WBC, and hit 2 home runs in the same inning against the Netherlands, becoming the first and only player to achieve such a feat in