Gearoid Reidy, Columnist

Struggling to Understand Sanaenomics? A New Book Helps

A framework for growth?

Photographer: Kiyoshi Ota/Bloomberg

Sanaenomics, as some have dubbed Japanese Prime Minister Sanae Takaichi’s economic plans, can be a bit of a mouthful. Even harder than saying it has been grasping what it means.

The Takaichi Trade has fascinated markets, but ask someone to explain what she wants to do and you’ll often meet with confusion. Many mistake Sanaenomics for another round of pork-barrel spending, a return to the loose-money era of central bank bazookas.