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...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes