Suganomics is coming to Japan - and it wants to unleash a digital revolution

Digitalisation central to new PM's plans

clock • 4 min read

Japanese Prime Minister Shinzo Abe resigned back in September, relinquishing the office he held for eight years to Yoshihide Suga, his Chief Cabinet Secretary.

As Suga was a supporter of Abenomics, no changes to the policy's three arrows - of fiscal stimulus, monetary easing and structural reform - are expected from the new Prime Minister. However, that does not mean the Suga administration will just be an imitation of what went before. Significant changes are coming, but so far overseas investors have paid scant attention to them. This ought to change. With his eyes on the next general election, which must be held by October 2021, Suga has launched its own signature set of policies, 'Suganomics'. The central pillar of Suganomics is digitali...

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