Japanese Abenomics Essay Example | Topics and Well Written Essays - 1000 words

Japanese Abenomics - Essay ExampleThis paper illustrates that the Abenomics refers to an economic recovery system developed by Abe after taking office in 2012. The strategy focuses on a more relaxed fiscal policy for Japan and an increased wear and tear of the exchange rate of the Japanese Yen. We hope to see growth in Japans economy based on the three arrows of the Abenomics policy. In the starting arrow, people expect the nation to reach the goal of 2 percent inflation rate with two years and an unlimited easing policy. The first arrow of the policy also aims and solving the Yens rate of appreciation and amend the nations banking laws to integrate and collaborate with the government. However, based on the game arrow of the Abenomics, we hope to see an increase in the public investment and buying processes of construction bonds by Japans central bank. The Abenomics registered early validating signs. If Abe and his supporters abide by with the new policy, Japan could offer inv estment opportunities for the near future for the Japanese people and foreign investors. In addition to the initial success of the Abenomics, opposite factors particularly the structural reforms can propel economic recovery of Japan and investment interests in Japan. Structural reforms are expected from the Abenomics. The various structural reforms playact the third arrow of the Abenomics. Successful implementation of the third arrow of the Abenomics may result in increased female participation in Japans labor market and consolidation of Japans farmland. From the growth strategy proposed by Abes economic policy, a more cosmopolitan workforce is expected. If the Abenomics succeed in implementing its policies, we expect a change in the longevity and health of the society.