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Home > Publications > PISM Bulletin > Shinzo Abe’s Government: Changes in Japan’s Economic and Foreign Policies

Shinzo Abe’s Government: Changes in Japan’s Economic and Foreign Policies

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08 February 2013
Justyna Szczudlik-Tatar
no. 13 (466)
Photo; Flickr by Chrisser

The policies of Japan’s new prime minister, Shinzo Abe, are aimed at rebuilding the country’s status after years of decline. First and foremost, Abe is determined to reinvigorate Japan’s economy. Modifications in foreign policy, including enhanced ties with other Asian states and a softer approach towards China, are subordinated to economic goals. Abe’s drive to ease monetary policy, based on setting an inflation target and pressing ahead with open-ended purchases of assets with a view to depreciating the yen and expanding exports, may pose an additional challenge for the upcoming EU–Japan negotiations on an Economic Partnership Agreement.

 


 
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