Published in:KIEP Research Paper. World Economy Update 13-43
Extent:
1 Online-Ressource (6 p)
Language:
English
DOI:
10.2139/ssrn.2335832
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 27, 2013 erstellt
Description:
Since the global financial crisis, the Japanese economy once again dipped into an economic downturn. The Abe administration, which was inaugurated in December 2012, pursued Abenomics in an effort to get the economy out of deflation. However, it is still uncertain whether such efforts will produce noticeable results. This paper examines Japan's economic policies in the following five areas, namely, (1) enhancement of international competitiveness in manufacturing; (2) fostering of new industries for strengthening domestic demand; (3) securing sustainability for governmental finances and social security; (4) proactive liberalization of trade and investment; and (5) establishing new energy strategy for building new energy supply structure. Based on such examination, this paper discusses the policy implications for Korea