Could Shinzo Abe's death spell the end of his lauded Abenomics policy for Japan?

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Could Shinzo Abe's death spell the end of his lauded Abenomics policy for Japan?
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The former Japanese prime minister is often credited with repairing the country's economy, however, as Japan's debt grows, analysts say the country could shift away from its 'Abenomics' policy.

So far, Mr Kishida has stuck with Abenomics, deploying big-spending packages to cushion the economic blow from the COVID-19 pandemic and, recently, to soften the impact of soaring energy and raw material costs.

Eventually, Mr Kishida may seek to dial back some of the radical monetary experiment put in place by Mr Kuroda, which has strained financial institutions' profits and crippled pricing in the bond market. "Abe was a flag-bearer of those who support fiscal expansion. Those people lost their driving force," National Graduate Institute for Policy Studies' professor, Mikitaka Masuyama, said.

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