Browse

The Abe Administrations Growth Strategy: Policy Idea, Institutional Change, and State- Driven Policy Governance

Cited 0 time in Web of Science Cited 0 time in Scopus
Authors
Yoon, Dae-yeob
Issue Date
2018-10-31
Publisher
Institute for Japanese Studies, Seoul National University
Citation
Seoul Journal of Japanese Studies, Vol.4 No.1, pp. 65-101
Keywords
Abenomicsgrowth strategypolicy ideaindustrial legislationpolitics driven governance
Abstract
This paper elucidates the unique qualities of Abenomics, the Abe administrations growth strategy implemented in 2012, in terms of its policy idea, institutional change, and policy governance. The administration of Prime Minister Abe Shinzō was tasked with setting up the main goal of the cabinet to break through the national crisis by designating the growth strategy. This new strategy is now considered to have been a success, a feat which the previous administrations never reached. Since the collapse of the bubble economy, many attempts were made by the previous administrations to reboot the economy, but none of them was ever fully successful. Meanwhile, although the Abe administrations growth strategy initially emerged from that of the Koizumi administration, it has been reformed year by year, corresponding to feedback and actual socioeconomic conditions. Abes strategy can be explained in three aspects: policy ideas, industrial legislation, and policy governance. In particular, the administration enacted industrial legislation that specify the governmentcentered goals and logistics, and it has developed industrial policies based on this notion by regulating loan policy and regulatory reform. The Abe administrations strategy is distinguished from other cases in that it reinforces the role of the prime minister over the entire decision-making process. Also, it stresses the horizontal relationship between government institutions and requires public support for cooperation between the government and the people.
ISSN
2384-2849
Language
English
URI
https://hdl.handle.net/10371/144942
Files in This Item:
Appears in Collections:
Graduate School of International Studies (국제대학원)Institute for Japanese Studies(일본연구소)Seoul Journal of Japanese StudiesSeoul Journal of Japanese Studies vol.4 no.1(2018)
  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse