all right geoffrey kingston there temple university japan over to africa or south african president cyril rather pose a has announced the probe into possible fraud involving the country's coronavirus relief funds reports the politically connected companies to comb much of the money has driven public anger lately and south africa's misfiring economy is not helping . but it rising public anger over reports of large scale plundering of the government's $26000000000.00 coronavirus rescue package south africa's ruling a.n.c. party has called a meeting of its national executive committee to probe corruption within its ranks . i have authorized the special investigating unit. to probe any allegations relating to the misuse of 19 funds across or spheres of the states. the allegations include the theft of food parcels for the poor and anomalies in awarding tenders for personal protective equipment the special investigating unit is to probe more than $600.00 corruption cases linked to 294000000 dollars coronavirus procurement tenders the president took the unprecedented step this week of publishing

now for more i'm joined by professor jeff kingston director of asian studies at temple university japan he joins us in tokyo good to have you with us you probably just heard our report and saying that the risks of abba nomics outweigh the benefits and from your perspective what did work well and what didn't. well the list of what did work well i think it's relatively short. i think he was good in terms of promoting free trade deal with the he he also risky. but what didn't work he never delivered structural reforms which were the 3rd era of bombay nomics was are supposed to improve productivity he never delivered a woman omics he said he was going to help women shine but that hasn't happened there has been an expansion of woman's employment but spent in worli a careers and not regular climate so it hasn't really worked out either generally speaking households and all sorts of polls say they're not feeling the love you know they didn't feel the trickled out a lot of people dismiss sabi nomics as welfare for the wealthy corporations and well hedge fund managers well but the average person

the final verdict on other nomics professor geoffrey kingston as head of asian studies at temple university japan he told the business earlier today that the approach failures than successes . i think he was good in terms of promoting free trade deal with the he he also rescued t.p. but what didn't work he never delivered a structural rate floor which where the 3rd era of operate nomics words are supposed to improve productivity he never delivered a woman aman's he said he was going to help women shy but that hasn't happened all right jeffrey kings and their temple university japan over to africa or south african president cyril rama pose a has announced a probe into possible fraud involving the country's coronavirus relief funds reports the politically connected companies took home much of the money has driven public anger lately and south africa's misfiring economy is not helping them if i could but i wanted rising public anger over reports of large scale plundering of the government's $26000000000.00 coronavirus rescue package south africa's ruling a.n.c. party has called a meeting of its nati

aspect to professor jeff kingston director of asian studies at temple university japan in tokyo and referring to since our basic economic strategy i asked him what worked well and what didn't. well the list of what did work well i think it's relatively short. i think he was good in terms of promoting free trade deal with the he he also rescued. but what didn't work he never delivered structural reforms which were the 3rd era of bombay nomics was are supposed to improve productivity he never delivered a woman aman's he said he was going to help women shine but that hasn't happened there has been an expansion woman's appointment but spent in worli a careers and not regular climate so it hasn't really worked out either generally speaking households and all sorts of polls say they're not feeling the love you know they didn't feel the trickled out a lot of people dismissed ave nomics as welfare for the wealthy corporations and wealthy hedge fund managers well but the average person doesn't see much increase at all in their pay packet and so the general sense of wellbeing has not improved arrive an

final verdict on the other nomics professor geoffrey kingston as head of asian studies at temple university japan and he told the business earlier today that the approach saw more failures than successes. i think he was good in terms of its promote each retrain he cut a deal with the he he also rescued p.p. but what didn't work he never delivered on structural rate floor which were the 3rd era nomics was are supposed to improve productivity he never delivered a woman aman's he said he was going to help women shine but that hasn't happened right over to the u.s. now $9.00 trillion dollars as of friday morning the market value of the american tech sector stec sector rather was greater than the value of all european stocks that's according to see in d.c. citing analysis by bank of america tech stocks have been rallying for weeks with companies like facebook google parent alphabet and amazon all benefiting from a pandemic that keeps more people at home that in turn has pushed market indexes into record territories. all right our financial correspondent yens korda is standing by in new york for more o

final verdict on the other nomics professor geoffrey kingston as head of asian studies at temple university japan and he told the business earlier today that the approach saw more failures than successes. i think he was good in terms of promoting treat trade eco to deal with the he he also rescued the t.p. but what didn't work he never delivered on structural rate floor which were the 3rd era nomics words are supposed to improve productivity he never delivered a woman aman's he said he was going to help women shine but that hasn't happened right over to the u.s. now $9.00 trillion dollars as of friday morning the market value of the american tech sector stec sector rather was greater than the value of all european stocks that's according to see in d.c. citing analysis by bank of america tech stocks have been rallying for weeks with companies like facebook google parent alphabet and amazon all benefiting from a pandemic that keeps more people at home that in turn has pushed market indexes into record territory. all right our financial correspondent yens korda is standing by in new york for more on

well jeff kingston is a professor of asian studies at temple university also in tokyo he joins us on skype from man economy and japan thank you for your time. stanley what do you think legacy is both good and that. well i think that it's a rather limited legacy you know he will be remembered as the longest serving prime minister but having been in power for so long with a super majority in the house of that he hasn't really achieved all that much and so you know maybe he has given stability in japan has been governed reasonably well but in terms of the ambitious agenda of a nomics he really has achieved very little said we're going to increase. that hasn't happened we're going to raise wages that hasn't happened households are not illegal and so generally speaking of economics is often criticized as the welfare for the wealthy because there's better significant increase in inequality an expansion of jobs and on regular plain bit low. arrears what do you make of the timing of his resignation in the middle of a sleigh of the coronavirus pandemic. and public support has to be waning. yeah spent a very tough year for me