Book contents
- The Political Economy of the Abe Government and Abenomics Reforms
- The Political Economy of the Abe Government and Abenomics Reforms
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Abbreviations
- Part I Introduction
- 1 The Political Economy of the Abe Government
- Part II Political Context
- Part III Macroeconomic Policy
- Part IV Third Arrow of Abenomics
- Part V Foreign Policy
- Index
- References
1 - The Political Economy of the Abe Government
from Part I - Introduction
Published online by Cambridge University Press: 05 February 2021
Book contents
- The Political Economy of the Abe Government and Abenomics Reforms
- The Political Economy of the Abe Government and Abenomics Reforms
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Abbreviations
- Part I Introduction
- 1 The Political Economy of the Abe Government
- Part II Political Context
- Part III Macroeconomic Policy
- Part IV Third Arrow of Abenomics
- Part V Foreign Policy
- Index
- References
Summary
The government of Shinzo Abe represents an important turning point in Japanese politics and political economy. Abe became the longest-serving prime minister in Japanese history, and his government enacted important reforms under the banner of “Abenomics.” In this introductory chapter, we provide a broad review of the Abe government and its policies and point out several apparent puzzles to motivate the volume. We argue that the Abe government is the clearest manifestation of a new Japanese political system that represents a full transition away from the 1955 system. The new system is characterized by a strong prime minister with centralized authority, careful management of the prime minister’s popularity, and a focus on policies with broad, popular appeal. Abe utilized and strengthened Japan’s new political institutions to implement significant policy changes across a wide range of issue areas, including monetary and fiscal policy, the labor market, corporate governance, agricultural reforms, and national security.
Keywords
- Type
- Chapter
- Information
- Publisher: Cambridge University PressPrint publication year: 2021
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