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▼ YIES / JCCI Chairman: Abenomics Must Give Hope for Future
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Akio Mimura, chairman of the Japan Chamber of Commerce and Industry, endorsed Prime Minister Shinzo Abe’s economic policies on Monday at the Yomiuri International Economic Society (YIES) lecture meeting in Tokyo, urging the government to inform society of its ultimate goals in a comprehensive way and give the public hope for the future.
The meeting at the Keidanren Kaikan in Chiyoda Ward was titled “Abenomics: How We Should Value.” It was attended by about 140 people including business leaders, experts and people related to embassies.
Nearly four years have passed since the launch of the Abenomics economic policy package combining such measures as bold monetary easing, flexible fiscal spending and a growth strategy to stimulate private-sector investment.
Mimura is a member of the government’s panel for work-style reforms and strongly supports the package. He believes it is on the right track so far.
However, Mimura indicated that not many people could understand the relationships and overall picture encompassing the original three arrows, the three new arrows of Abenomics, the dynamic engagement of all citizens, and work-style reforms.
The chairman also said that even though it will take time for all of the nation to benefit through Abenomics, it is important to yield certain results within the next three years.
“The next three years will be decisive years for the country. Only a stable administration can deepen Japan’s structural reform and innovation,” Mimura said.
“I want the government to move ahead to transform society through next-generation technology, such as artificial intelligence, robots, and the internet of things, using the declining workforce to our advantage. Combining digital and manufacturing technologies may have prospects for the nation,” Mimura added.
The meeting at the Keidanren Kaikan in Chiyoda Ward was titled “Abenomics: How We Should Value.” It was attended by about 140 people including business leaders, experts and people related to embassies.
Nearly four years have passed since the launch of the Abenomics economic policy package combining such measures as bold monetary easing, flexible fiscal spending and a growth strategy to stimulate private-sector investment.
Mimura is a member of the government’s panel for work-style reforms and strongly supports the package. He believes it is on the right track so far.
However, Mimura indicated that not many people could understand the relationships and overall picture encompassing the original three arrows, the three new arrows of Abenomics, the dynamic engagement of all citizens, and work-style reforms.
The chairman also said that even though it will take time for all of the nation to benefit through Abenomics, it is important to yield certain results within the next three years.
“The next three years will be decisive years for the country. Only a stable administration can deepen Japan’s structural reform and innovation,” Mimura said.
“I want the government to move ahead to transform society through next-generation technology, such as artificial intelligence, robots, and the internet of things, using the declining workforce to our advantage. Combining digital and manufacturing technologies may have prospects for the nation,” Mimura added.
- November 22, 2016
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