Insights | Articles

Shinzo Abe

Abenomics at centre of electoral struggle

The Nikkei Asian Review examines the results of Abenomics so far,  by comparing the progress in five areas  - the Nikkei stock average,  unemployment rates, GDP growth rates, conumption expenditure levels and national debt - between 2012 and 2014.

Bank of Japan

Minutes reveal debate over quantitative easing

Released minutes reveal the Bank of Japan board doubts regarding the additional quantitative easing, voted 5 to 4 by the board earlier this month. Read more in the 26 November edition of the Nikkei Asian Review. 

House of Representatives

DPJ releases manifesto ahead of tough elections

On 24 November, the embattled opposition Democratic Party of Japan (DPJ) announced its election manifesto with focus on reviving a wealthy middle class and reducing the wealth gap, effectively calling for a reversal of Abenomics, which the DPJ claims to have exacerbated the living conditions in the past years.

Sadakazu Tanigaki

How many is enough?

As PM Abe is expected to dissolve the lower house this afternoon, some differences within the ruling coalition begin to emerge over numbers.

Kazuo Kitagawa

Sales tax hike to be coupled with reduced tax for basic commodities

Mainichi Shinbun reports that at a meeting on 19 November, the LDP Chairman of the Research Commission on the Tax System, Takeshi Noda and Komeito’s deputy head Kazuo Kitagawa agreed on a reduced tax rate for some basic commodities, probably to be introduced together with the sales tax hike in April 2017. 

Shinzo Abe Election

Elections in time for a win

In what is purportedly the first forecast for the upcoming lower house election, a Toyo Keizai article form 18 November nails the numbers for Japan’s top two parties, LDP and DPJ at 271 (from 294) and 86 (from 55) respectively, while dubbing the upcoming vote “Elections in time for a win”. 

Shinzo Abe

A vote on the economy

According to a Bloomberg article from 18 November, the upcoming House of Representatives elections in December would seek a fresh mandate for Abenomics, and more specifically for the structural reform, or the so-called “third arrow” of PM Abe’s economic revitalization strategy. While the government has achieved relative success in reviving the stock market, it still needs to overcome the vested interests from the corporate world, the bureaucracy and the farm lobby. 

GR Japan Singapore

GR Japan launches a special policy report on Abenomics

On 24 September GR Japan cohosted a policy breakfast briefing in Singapore for senior executives and corporate affairs specialists.  At the event we launched a special report – “Japan’s New Dynamic: Capitalising on Change” – produced in association with PublicAffairsAsia. The report focuses on the political and business landscape in Japan at this exciting juncture in Prime Minister Abe’s economic revitalization program.

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