Japan PM: ex-PM Abe's Abenomics not enough to create sustainable economy
- Country:
- Japan
Japanese Prime Minister Fumio Kishida said on Tuesday that steps taken under former premier Shinzo Abe's "Abenomics" policy of massive monetary and fiscal stimulus were not enough to create a sustainable and inclusive economy.
Under his "new capitalism" policy, Kishida aims to help create a virtuous cycle of economic growth and wealth distribution, he said during a speech at the World Economic Forum's virtual Davos Agenda conference.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Fumio Kishida
- Japanese
- Abenomics
- Davos Agenda
- World Economic Forum's
- Kishida
Advertisement
ALSO READ
Japanese Prime Minister Fumio Kishida to speak to Congress as doubts linger over American global leadership
EXPLAINER-Why is the Japanese yen so weak?
Biden will meet with Philippine and Japanese leaders as worry grows over China's Indo-Pacific action
On eve of Japanese prime minister's visit to North Carolina, Fujifilm announces more jobs there
Japanese interpreter charged with stealing $16 million from MLB star Shohei Ohtani