Singapore

Details

  • Industry: Infrastructure, Government and Healthcare, Government
  • Type: Business and industry issue
  • Date: 6/14/2013

Japan's new start: Abenomics and infrastructure 

As dusk fell on 2012, a new light was starting to rise over Japan: Sinzo Abe.

As the leader of Japan’s Liberal Democratic Party going into the 2012 election, Mr. Abe had articulated his position on the economy and economic growth. So it came as no surprise that – within weeks of winning the office of Prime Minister – Mr. Abe and his administration had announced a new economic policy designed to end the country’s prolonged economic recession and revive the sagging economy.
Japan's new start: Abenomics and infrastructure
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This new policy, commonly referred to as ‘Abenomics’, outlines a number of bold actions that the government intends to undertake as part of a three-pronged strategy that will tie together the country’s monetary policy, fiscal policy and growth strategy.