@article{ART002534979},
author={Chang-Gun Park},
title={Japan's Economic Policies after the Global Crisis: Transformative Developmentalism},
journal={JAPAN SPACE},
issn={1976-1481},
year={2019},
number={26},
pages={113-150},
doi={10.35506/jspace.2019..26.003}
TY - JOUR
AU - Chang-Gun Park
TI - Japan's Economic Policies after the Global Crisis: Transformative Developmentalism
JO - JAPAN SPACE
PY - 2019
VL - null
IS - 26
PB - The Institute of Japanese Studies
SP - 113
EP - 150
SN - 1976-1481
AB - This study examines what the trends and characteristics of Japan’s economic policies after the Global crisis and predicts what form Japan’s economic strategy will take for future growth engines towards the era of the fourth industrial revolution. The Abe administration is implementing a new growth strategy that Japanese-oriented economic policies with increases institutional non-compliance in the post-neoliberal era. Namely, the Japanese administration is adopting economic strategy adding the social security measures in the three arrow – bold monetary policy, flexible fiscal policy, and growth strategy – of Abenomics in the post-neoliberal era. That is to prove that Japan is adopting economic policies from the ‘economic development’ led to government-led economic growth to a model of ‘transformative developmentalism’ presented economic democratization.
The Abe administration’s tendency toward transformative developmentalism can be characterized by promoting strategic macroeconomic policy, reinforcing official-led institutionalized leadership and importance of policy network among government-market-society. Above all, Japan is preparing for fourth industrial revolution of 2030 for the growth of Japanese economy through the analysis of ‘human capital’ and ‘human investment’. In other words, the Abe administration is creating new industries in the process of solving the challenges facing its country and using a strategy to prepare for Japan’s economic society in 2030 by changing the weakness of ‘task-preferred country’ to the strength of ‘task-solving advanced country’.
KW - economic policies;transformative developmentalism;Abenomics;Japan;2030
DO - 10.35506/jspace.2019..26.003
ER -
Chang-Gun Park. (2019). Japan's Economic Policies after the Global Crisis: Transformative Developmentalism. JAPAN SPACE, 26, 113-150.
Chang-Gun Park. 2019, "Japan's Economic Policies after the Global Crisis: Transformative Developmentalism", JAPAN SPACE, no.26, pp.113-150. Available from: doi:10.35506/jspace.2019..26.003
Chang-Gun Park "Japan's Economic Policies after the Global Crisis: Transformative Developmentalism" JAPAN SPACE 26 pp.113-150 (2019) : 113.
Chang-Gun Park. Japan's Economic Policies after the Global Crisis: Transformative Developmentalism. 2019; 26 : 113-150. Available from: doi:10.35506/jspace.2019..26.003
Chang-Gun Park. "Japan's Economic Policies after the Global Crisis: Transformative Developmentalism" JAPAN SPACE no.26(2019) : 113-150.doi: 10.35506/jspace.2019..26.003
Chang-Gun Park. Japan's Economic Policies after the Global Crisis: Transformative Developmentalism. JAPAN SPACE, 26, 113-150. doi: 10.35506/jspace.2019..26.003
Chang-Gun Park. Japan's Economic Policies after the Global Crisis: Transformative Developmentalism. JAPAN SPACE. 2019; 26 113-150. doi: 10.35506/jspace.2019..26.003
Chang-Gun Park. Japan's Economic Policies after the Global Crisis: Transformative Developmentalism. 2019; 26 : 113-150. Available from: doi:10.35506/jspace.2019..26.003
Chang-Gun Park. "Japan's Economic Policies after the Global Crisis: Transformative Developmentalism" JAPAN SPACE no.26(2019) : 113-150.doi: 10.35506/jspace.2019..26.003