The economic policies advocated by Prime Minister Shinzo Abe of Japan given new life to Japan's stock market and have weakened the yen. There are financial spending, financial easing three parts of Abenomics, and growth strategies. The market-boosting effects of Abenomics and the Bank of Japan's (BOJ's) fearless financial easing policy are stirring up considerable global interest in Japan.
Of the three parts of Abenomics, fiscal spending and monetary easing are not likely to inflict much pain on the general public, apart from the fact that younger generations will undoubtedly be forced to pay the debt the government is fast incurring back. But the third element, growth strategies, can only be effective when addressing regulatory issues that have been left unaffected. What Japan needs is structural and regulatory reform. The deck for secure businesses wills shuffle. While structural reforms almost always inflict pain on vested interests protected by regulatory walls, creative initiatives by newcomers benefit consumers and help to revitalize the economy
PUBLICATION DATE: October 08, 2013 PRODUCT #: HK1017-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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