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The Reshaping of the World
Video

The Reshaping of the World

Vision from Japan


автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

7

Qualities

  • Well Structured
  • Overview
  • Visionary

Recommendation

Shinzō Abe acts as a “drill bit” in the Japanese economy; he “breaks through the solid rock of vested interests.” Upon his re-election as prime minster of Japan in December 2012, Abe undertook radical reforms to end decades of stagnation. In this 2014 presentation to the World Economic Forum, Abe outlines his optimistic vision for his nation. Though Japan faces hefty challenges, including an aging population and large public debt, getAbstract recommends Abe’s talk to international investors seeking a blueprint for the future of Japan’s economy.

Take-Aways

  • To reinvigorate Japan’s stagnant, negative-growth economy, Prime Minister Shinzō Abe launched a trio of policies – monetary easing, fiscal stimulus and measures to encourage private investment.
  • Japan’s far-reaching reforms include liberalization of the electricity industry, deregulation of rice production and agriculture, promotion of the health care and medical research industries, and more.
  • To enhance its capital inflows, Japan plans to strengthen its relations with Asian and European nations and to reduce corporate taxation by 2.4%.

About the Speaker

Shinzō Abe is prime minister of Japan.


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