Tag Archives: Abenomics

China territorial deadlocks hurt regional trade

Tensions between China and several East Asian countries have heated up over the last year. Is it simply another round of disputes that have occurred multiple times since 2007, or something new? The historical wounds in East Asia never heal. Neighboring countries can live in peace and do business together as long as no one brings […]

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Yoichi Masuzoe, new governor of Tokyo (Source: savedelete.com)

Masuzoe elected Tokyo governor, defeating anti-nuclear opposition

Despite efforts to make Tokyo’s gubernatorial election a referendum on nuclear energy, Yoichi Masuzoe won by focusing on more basic economic issues. This reflects a desire to see “Abenomics” restore lost prosperity and highlights the challenge in restarting the nuclear reactors. With the backing of the ruling Liberal Democratic Party, Yoichi Masuzoe decisively won Tokyo’s […]

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political risk storm

2014: a balance between global optimism and latent risks

The World economy is on the mend, but recovery will not happen everywhere at the same pace. Here are some of the risks that will play a large role in determining the success of economic recovery in 2014. Advanced economies, such as the UK and the US already stand out from the crowd. There, the […]

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Tokyo is passing its first TPP test with agricultural reform

The recent break by the ruling Liberal Democratic Party from the traditional partner, the agricultural lobby, and following announcements of a new agricultural policy heighten hope for the Trans-Pacific Partnership and for Japan. On December 10, it was announced that an accord on creating a new free trade zone in the Asia-Pacific, the Trans-Pacific Partnership (TPP), […]

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Ben Bernanke television

Central banks rely on forward guidance

As interest rates remain low among developed economies, shaping expectations through communication is proving to be an effective monetary tool. Communicating the taper At its last monetary policy meeting, the U.S. Federal Reserve announced its intent to reduce the size of its bond purchases beginning in January. Known as “tapering,” this long-awaited move cut future […]

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One year in, is the honeymoon over for Abenomics?

Shinzo Abe celebrated his first year as Japanese Prime Minister in December, which also marked one year with Abenomics. For many, this will be a dismal anniversary, as the latest figures are not particularly encouraging. However, the game is not over yet. On December 26th, Shinzo Abe celebrated his first anniversary as Japanese Prime Minister. […]

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Fukushima amplifies Japanese energy import dependence

When Typhoon Wipha flooded Japan with heavy rains last week, the operator of the Fukushima nuclear power plant ordered precautionary measures to prevent leakage of contaminated water. Ever since the March 2011 earthquake and tsunami caused a reactor meltdown at the plant, Fukushima has become a symbol of a Japanese nuclear strategy and energy supply in […]

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Shinzo Abe (photo credit: The Times)

Will Abe finally lead Japan towards labour reform?

During an interview with the Financial Times last week, the Japanese Prime Minister Shinzo Abe warned that labour reforms in Japan might be delayed due to fears of strong opposition to his reform program, as well as the need to have a more carefully explained and regulated reform plan to the public. As part of […]

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Tokyo, Japan

IMF Urges Japan to Address Debt and Reform Economy

All quotes and figures cited are from the IMF 2013 Article IV Consultation with Japan, released August 5th, unless noted otherwise. The International Monetary Fund urged Japan last week to develop plans to raise growth over the medium term and address its growing debt burden. Since Prime Minister Abe began to enact his plan of […]

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Japan’s Reform Opportunity Jeopardised by Militarism

The Election  Japan’s ruling Liberal Democrat Party (LDP) won an impressive electoral victory on July 22nd, earning a decisive majority in the upper house of the Japanese Diet. Of the 121 seats up for election, the LDP secured 65, while its coalition partner, New Komeito, added 11 more. Together, the coalition now controls 135 spots […]

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