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Abenomics
refers to the economic policies implemented by the Government of Japan led by the Liberal Democratic Party (LDP) since the 2012 general election. They are named after Shinzo Abe (1954–2022), who had been appointed as Prime Minister of Japan in his second term from 2012 to 2020. Abe was the longest-serving prime minister in Japanese history. After Abe resigned in September 2020, his successor, Yoshihide Suga, stated that his premiership would focus on continuing the policies and goals of the Abe administration, including the Abenomics suite of economic policies. Abenomics is based upon "three arrows:" monetary easing from the Bank of Japan, fiscal stimulus through government spending, and structural reforms. ''The Economist'' characterized the program as a "mix of reflation, government spending and a growth strategy designed to jolt the economy out of suspended animation that has gripped it for more than two decades". During Abe's tenure, the rate of Japan's nominal GDP g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shinzo Abe
Shinzo Abe (21 September 1954 – 8 July 2022) was a Japanese politician who served as Prime Minister of Japan and President of the Liberal Democratic Party (Liberal Democratic Party (Japan), LDP) from 2006 to 2007 and again from 2012 to 2020. He was the List of prime ministers of Japan by time in office, longest-serving prime minister in Japanese history, serving for nearly nine years in total. Born in Tokyo, Abe was a member of the Satō–Kishi–Abe family as the son of LDP politician Shintaro Abe and grandson of prime minister Nobusuke Kishi. He graduated from Seikei University and briefly attended the University of Southern California before working in industry and party posts, and was first elected to the Japanese House of Representatives, House of Representatives in 1993 Japanese general election, 1993. Abe was LDP secretary-general from 2003 to 2004 and Chief Cabinet Secretary under Junichiro Koizumi from 2005 to 2006, when he replaced Koizumi as prime minister. Abe b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Easing
Quantitative easing (QE) is a monetary policy action where a central bank purchases predetermined amounts of government bonds or other financial assets in order to stimulate economic activity. Quantitative easing is a novel form of monetary policy that came into wide application following the 2008 financial crisis. It is used to mitigate an economic recession when inflation is very low or negative, making standard monetary policy ineffective. Quantitative tightening (QT) does the opposite, where for monetary policy reasons, a central bank sells off some portion of its holdings of government bonds or other financial assets. Similar to conventional open-market operations used to implement monetary policy, a central bank implements quantitative easing by buying financial assets from commercial banks and other financial institutions, thus raising the prices of those financial assets and lowering their yield, while simultaneously increasing the money supply. However, in contrast to n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yoshihide Suga
is a Japanese politician who served as Prime Minister of Japan and President of the Liberal Democratic Party (Liberal Democratic Party (Japan), LDP) from 2020 to 2021. He had served as Chief Cabinet Secretary during the second administration of Prime Minister Shinzo Abe from 2012 to 2020. During Abe's first administration, Suga served as Minister for Internal Affairs and Communications from 2006 to 2007. Born to a family of strawberry farmers in rural Akita Prefecture, Suga moved to Tokyo after graduating from high school, where he enrolled in Hosei University. Shortly after graduating, Suga became an aide to Representative Hikosaburo Okonogi in 1975, before entering politics himself when he was elected to the Yokohama City Council, Yokohama Municipal Assembly in 1987. In the 1996 Japanese general election, 1996 election, Suga was elected to the House of Representatives (Japan), House of Representatives, representing Kanagawa Prefecture, Kanagawa's Kanagawa 2nd district, 2nd d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Gross Domestic Product
Real gross domestic product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation). This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output. Although GDP is total output, it is primarily useful because it closely approximates the total spending: the sum of consumer spending, investment made by industry, excess of exports over imports, and government spending. Due to inflation, nominal GDP can increase even when physical output is fixed, and so does not actually reflect the true growth in an economy. That is why the GDP must be divided by the inflation rate (raised to the power of units of time in which the rate is measured) to get the growth of the real GDP. Different organizations use different types of 'Real GDP' measures, for example, the UNCTAD uses 2015 Constant prices and exchange rates while the FRED uses 2009 constant prices and exchange rates, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nominal GDP
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjusted b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It is a price-weighted index, operating in the Japanese yen, Japanese Yen (JP¥), and its components are reviewed twice a year. The Nikkei 225 measures the performance of 225 highly capitalised and liquid publicly owned companies in Japan from a wide array of industry sectors. Since 2017, the index is calculated every five seconds. It was originally launched by the Tokyo Stock Exchange in 1950, and was taken over by the ''The Nikkei, Nihon Keizai Shimbun'' (''The Nikkei'') newspaper in 1950 in Japan, 1970, when the Tokyo Exchange switched to the TOPIX, Tokyo Stock Price Index (TOPIX), which is weighed by market capitalisation rather than stock prices. History The Nikkei 225 began to be calculated on 7 September 1950, retroactively calculated back to 16 May 1949, when the average price of its component stocks was 176.21 yen. Since July ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Power
In political science, power is the ability to influence or direct the actions, beliefs, or conduct of actors. Power does not exclusively refer to the threat or use of force (coercion) by one actor against another, but may also be exerted through diffuse means (such as institutions). Power may also take structural forms, as it orders actors in relation to one another (such as distinguishing between a Master–slave dialectic, master and an enslaved person, a householder and their relatives, an employer and their employees, a parent and a child, a political representative and their voters, etc.), and discursive forms, as categories and language may lend legitimacy to some behaviors and groups over others. The term ''authority'' is often used for power that is perceived as Legitimacy (political), legitimate or socially approved by the social structure. Scholars have distinguished between soft power and hard power. Types One can classify such power types along three differen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shinzo Abe, Prime Minister Of Japan (9092387608)
''Shinzo'', known as in Japan, is a Japanese anime television series produced by TV Asahi, Toei Advertising, and Toei Animation. It was directed by Tetsuo Imazawa, with Mayori Sekijima handling series scripts, Sachiko Kamimura designing the characters and Katsumi Horii composing the music. In the series, genetically-altered creatures known as Enterrans take over Earth and rename it in their own image called Enterra. Now three Enterrans have to protect the last human in order to find the hidden sanctuary called Shinzo and restore the human race. The anime focuses primarily on the adventures they undergo while working to accomplish this task, though battle action becomes the main focus in the middle of the series. Due in part to the popularity of ''Hunter × Hunter'' in some areas in the competing timeslot, the series struggled with an average viewership of 3.5%, and was cancelled. In the United States, the anime was licensed and dubbed by Saban Entertainment & Buena Vista Te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meiji Era
The was an Japanese era name, era of History of Japan, Japanese history that extended from October 23, 1868, to July 30, 1912. The Meiji era was the first half of the Empire of Japan, when the Japanese people moved from being an isolated feudalism, feudal society at risk of colonization by Western world, Western powers to the new paradigm of a modern, industrialized nation state and emergent great power, influenced by Western scientific, technological, philosophical, political, legal, and aesthetic ideas. As a result of such wholesale adoption of radically different ideas, the changes to Japan were profound, and affected its social structure, internal politics, economy, military, and foreign relations. The period corresponded to the reign of Emperor Meiji. It was preceded by the Keiō era and was succeeded by the Taishō era, upon the accession of Emperor Taishō. The rapid modernization during the Meiji era was not without its opponents, as the rapid changes to society cause ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yoshihiko Noda
is a Japanese politician. He is the current leader of the Constitutional Democratic Party of Japan (CDP), and has been a member of the House of Representatives since 2000. From 2011 to 2012, he was the Prime Minister of Japan. Noda entered politics in 1993 as a member of the now-defunct Japan New Party. In 1996, he joined the Democratic Party of Japan (DPJ). After the DPJ won control of the Diet in 2009 general election, Noda was named a senior vice minister of finance in the cabinet of Prime Minister Yukio Hatoyama, and in 2010, was named minister of finance in the cabinet of Prime Minister Naoto Kan. Following Kan's resignation as prime minister, Noda won the ensuing leadership election and was appointed prime minister on 2 September 2011. Following a severe loss for the DPJ in the December 2012 general election, Noda announced his resignation as party leader, triggering a leadership election that was won by Banri Kaieda. Noda was succeeded as Prime Minister by Shinzo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fukoku Kyōhei
was Japan's national slogan during the Meiji period, replacing the slogan ''sonnō jōi'' ("Revere the Emperor, Expel the Barbarians"). It is a ''yojijukugo'' phrase, originally from the ancient Chinese historical work on the Warring States period, ''Zhan Guo Ce''. Etymology During the Warring States period of China, the Qin—through its legalist policies—placed considerable focus on the enhancement of state wealth and military power, also known by the expression ''Fuguo Qiangbing''. This expression was adopted in Meiji Japan as ''Fukoku kyōhei'' in Japanese. Significance The slogan was the central objective of the Meiji leaders. ''Fukoku kyōhei'' entailed the formulation of far-reaching policies to transform Japanese society in an all-out effort to catch up with the West. Although the government played a major role in providing the setting for industrialization Industrialisation (British English, UK) American and British English spelling differences, or industri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
