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    Japan's Growth Strategy and Structural Reforms in its Labor Market

    Kim, Gyu-Pan | April 2016
    Abstract
    The recently wide-spreading disappointment at 'Abenomics,' following the meager outcomes of its first arrow, quantitative easing (QE), drew attention to the third arrow, a comprehensive growth strategy focusing on structural reforms in Japan. In other words, although the Abe Cabinet has steered its economic policies toward monetary expansion since April 2013, which further developed into a Negative Interest Rates Policy (NIRP) on February 2016, their impacts on the real sectors, particularly on private investment and consumption, have been utterly trivial. Furthermore, the second arrow of Abenomics, fiscal stimulus, has reached an impasse due to a huge fiscal deficit mainly resulting from low fertility rates and population ageing.
    Citation
    Kim, Gyu-Pan. 2016. Japan's Growth Strategy and Structural Reforms in its Labor Market. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/10541.
    Keywords
    Tourism Development
    Development Strategies
    Economic Trends
    Economic Impact
    Economic Incentives
    Development Planning
    Development Research
    Technology Development
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development Research
    Green revolution
    Employment
    Development strategy
    Development models
    Economic development
    New technology
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Absorptive capacity
    Tourism policy
    Development strategy
    Green jobs
    Green technology
    Rural planning
    Regional development bank
    Project finance
    Strategic planning
    Infrastructure projects
    Government programs
    Public finance
    Public enterprises
    Development
    Economics
    Development In East Asia
    Development Planning
    Development Research
    Technology Development
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development strategy
    Development models
    Economic development
    New technology
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Absorptive capacity
    Economic development projects
    Economic forecasting
    Economic development projects
    Municipal government
    Technology transfer
    Exchanges of patents and technical information
    Technical education
    Technology
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
    Transfer Technocracy
    Real estate development
    Central planning
    City planning
    Civic improvement
    Urban renewal
    Urban beautification
    Urban transportation
    Zoning
    Hotels
    Industry
    Land Acquisition
    Labor and globalization
    Manpower policy
    Labor policy
    Rural manpower policy
    Career academies
    Professional education
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/10541
    Metadata
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    KIEPopinions_no82.pdf (357.9Kb)
    Author
    Kim, Gyu-Pan
    Theme
    Development
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise