It might not have convinced everyone that Japan’s economy is truly on the rise, but at least it has entered everyone’s lexicon in Japan. “Abenomics”, Japan Prime Minister Shinzo Abe‘s economic strategy, is one of the 50 words/phrases nominated for Word of the Year by publishing house Jiyukokuminsha, together with other buzzwords like “PM 2.5“, “big data”, “black companies”, SNEPS (solitary, non-employed persons) and even Funabashi, the mascot of Chiba prefecture.
Just like for among some economists, “Abenomics” is an underdog in this competition. A recent poll by video rental store-operator Culture Convenience Club Co., it only is fifth with 9.7% of the votes while leading the survey is “double the payback,” from a TV show called Hanzawa Naoki and popularized by one of the protagonists there. The Word of the Year competition started back n 1984 and will be decided by a panel with seven judges by early December this year. They will be choosing a winner and nine runners-up among all the shortlisted from the original 50 words.
Former Prime Ministers have won several times in this competition. Hugely popular Junichiro Koizumi had six phrases by him or inspired by him in 2001, but he took home the top spot. Then-Prime Minister Yukio Hatoyama’s “regime change” won in 2009, in honor of the Democratic Party of Japan taking the reins of power from the Liberal Democratic Party that year. But this year, it’s not just Abenomics that’s nominated. Even iterations of the phrase are also part of the final 50: Ahonomics, or “Stupidnomics.”
[ via Wall Street Journal ]
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