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Looking beyond Abe

The popularity of the government has suffered severely recently and there is now a real chance that Mr Abe will be out of office before the next legislative elections. A change of prime minister could affect decisions over who should lead the Bank of Japan and whether the tax hike scheduled for 2019 goes ahead. As for the structural reform elements of Abenomics though, momentum here has long since faded so the implications would probably be limited.

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