Time for Abe to get serious

Japan’s prime minister needs to overcome domestic resistance to change for essential third arrow to succeed.
Shinzo Abe: Is he serious?
Shinzo Abe: Is he serious?

Prime Minister Shinzo Abe’s three arrows require strong leadership and a road map with some near-term milestones high-level meetings with China to de-escalate tensions serious commitments in the upcoming Trans-Pacific Partnership TPP negotiating rounds and follow-through on a credible growth strategy.

The clock is ticking. If Abe is serious about restoring Japanese economic growth to an upward path he faces some daunting challenges. Monetary policy has provided short-term stimulus. But can fiscal policy that combines higher taxes with more spending do the same  Much depends on the third arrow structural reforms where there has been much talk but little action.

Part of the answer some argue...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222