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Once More with Feeling; Japan and Abenomics
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 407 no. 8836 (May 2013)
,
page 21-23.
Topik:
International
;
Governmental Reform
;
Economic Planning
;
Prime Ministers
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.76
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Shinzo Abe - elected prime minister in December 2012 - declared as he took office, was back, and he lost not a moment in proving it. Having quickly assembled his cabinet, in January he announced a {Yen}10.3 trillion fiscal stimulus. This was the first of three decisive steps. Mr Abe went on to launch what amounted to a hostile takeover of a central bank unwilling to undertake bold experiments in monetary policy, clearing out the bank's staid leadership and installing as governor Haruhiko Kuroda, a former finance-ministry official who had been serving as head of the Asian Development Bank. Lastly, Mr Abe unambiguously committed himself to the sort of thoroughgoing structural reform that has eluded Japan's politicians for years. Co-ordinated shifts in policy on such a scale would be striking in any country. They are staggering in the context of Japan.
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