Japan’s economy is tanking. So why should the U.K. listen to Shinzo Abe on Brexit?

Japanese Prime Minister Shinzo Abe is touring Europe this week. He has so far lectured Germany on the virtues of ramping up government spending, and today warned Britain of the risks of leaving the E.U. But is Mr Abe’s economic advice worth taking?
His main task since taking over as Japanese Prime Minister in late 2012 has been to to revive the economy, which has failed to register strong growth since a large boom-bust cycle in the early 1990s.
Mr Abe has launched a three-pronged attack consisting of “three arrows”: one arrow for monetary policy, one for government spending, and another for reforms of the economy. But his arrows appear to have landed wide of the mark.
given the parlous state of the Japanese economy after three years of Abenomics, Mr Abe’s intervention in the Brexit debate today may not go down as well as he would like.

This post was published at The Telegraph