In 2015 the Nikkei Stock Average, which in 2012 was almost as low as 9,000 yen, recovered to over 20,000 yen at one point. The Bank of Japan’s “new dimension in monetary easing” somehow succeeded in changing people’s mindset. Having said that, the initial commitment of a 2% inflation rate within two years has not been achieved. Nevertheless, having adopted this policy, the government has a responsibility to restore the Japanese economy to a solid growth trajectory as part of its monetary and economic policy.