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ECONOMY > Economic Policy

Doyukai chief agrees with top finance official’s “pork-barrel” slur

At a press conference on Oct. 12, Sakurada Kengo, chairman of the Japan Association of Corporate Executives (Keizai Doyukai), commented on the opinion piece Finance Vice Minister Yano Koji wrote for a monthly magazine recently in which he likened the economic policy debate for the upcoming Lower House election and during the latest LDP presidential race to a “pork-barrel battle.”….Read more

  • October 13, 2021
  • , Yomiuri , p. 11
  • JMH Translation

ECONOMY > Economic Policy

Japan to set up $4.4 billion “vaccine fund” under economic package

TOKYO – Japan plans to set up a 500 billion yen ($4.4 billion) fund aimed at supporting firms developing vaccines for infectious diseases and new drugs, under the first economic package to be drawn up since Prime Minister Fumio Kishida took office last week, government sources said Wednesday.   Kishida has vowed to strengthen the government’s coronavirus response, as well….Read more

POLITICS

Commentary: Is Japan’s Prime Minister Fumio Kishida a Keynesian?

TETSUSHI TAKAHASHI, Nikkei policy news unit editor   Tetsushi Takahashi was Nikkei’s China bureau chief from April 2017 to March 2021 and the writer for the Beijing Diary column.   TOKYO — When you read “Kishida Vision: From Division to Collaboration,” a book published last year by Fumio Kishida, Japan’s new prime minister, you find many references to the importance of fiscal….Read more

  • October 8, 2021
  • , Nikkei Asia , 10:10 a.m.
  • English Press

POLITICS

Infographic: Councils, organizations Kishida envisions

POLITICS

Kishida’s ‘new capitalism’ raises economic reform setback fears

MASATO SHIMIZU, Nikkei senior staff writer   TOKYO — Japan’s newly installed Prime Minister Fumio Kishida is hoping to implement his concept of “new Japanese capitalism” under which he ran his campaign to be leader of the ruling Liberal Democratic Party. While he has vowed to change the neoliberal policies left in place by his predecessors, it is unclear exactly what….Read more

  • October 5, 2021
  • , Nikkei Asia , 12:00 p.m.
  • English Press

ECONOMY > Economic Policy

Expert: New administration should make focused investments on environment and IT

Commentary by Keio University Professor Doi Takero, as told to Kuraki Koichi, Yomiuri Shimbun Senior Writer   Kishida Fumio, the new president of the Liberal Democratic Party (LDP) should selectively concentrate its investment in measures that will be the seeds of economic growth, such as the environment and digital technology, to revitalize the Japanese economy.   I would like the….Read more

  • September 30, 2021
  • , Yomiuri , p. 11
  • JMH Translation

ECONOMY > Economic Policy

Kishidanomics promises ‘virtuous growth cycle’ with redistribution

KOSUKE TAKAMI, Nikkei staff writer   TOKYO — Japan’s presumed next prime minister, Fumio Kishida, has positioned a “virtuous cycle of growth and distribution” of wealth as the centerpiece of his economic policy, but he also signaled the status quo in many areas, such as sticking with Abenomics to defeat deflation.    During the Liberal Democratic Party presidential election, Kishida….Read more

POLITICS

Suga orders specific measures for Japan growth strategy

Tokyo, Sept. 2 (Jiji Press)–Japanese Prime Minister Yoshihide Suga instructed a government panel on Thursday to compile in autumn specific measures for his government’s growth strategy.   The Suga administration aims to move up work to revise its growth strategy, originally planned for the year-end, in order to draw up additional stimulus measures soon ahead of the next election for….Read more

  • September 2, 2021
  • , Jiji Press , 8:11 p.m.
  • English Press

ECONOMY > Economic Policy

Exclusive: Japan eyes extending tax breaks for investment in startups

  Tokyo, Aug. 21 (Jiji Press)–The Japanese government is considering extending beyond fiscal 2021 tax breaks for companies acquiring equity stakes in startups with cutting-edge technologies and innovative ideas that can be used in the digital and other growth fields, Jiji Press has learned.   The move is aimed at supporting companies that are accelerating cross-industry cooperation as part of….Read more

  • August 21, 2021
  • , Jiji Press , 6:06 p.m.
  • English Press

ECONOMY > Economic Policy

CCS Kato discusses growth strategy with American scholars

Yomiuri wrote that Chief Cabinet Secretary Kato exchanged views on economic policy with Harvard Business School Professor Michael Tushman and Stanford Business School Professor Charles O’Reilly during a virtual meeting on Thursday. According to the paper, Kato stressed the need for technological innovation in Japan, while the two scholars mentioned the need for leadership in implementing new ideas.

  • July 30, 2021
  • , Yomiuri
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