Prime Minister Shinzo Abe looks set to win a rare second consecutive term as party president but economists predict he won’t use that victory to push through bold reforms such as labor market changes that are considered vital for long-term growth.
Instead, Abe, who took office in a December 2012 pledging to reboot the economy, will stick to the politically palatable policies of government spending and easy money — the first and second “arrows” of his “Abenomics” recipe, economists polled by Reuters said.
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