Wiki is in the process of importing stuff Please be patient Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in!===[[File:Cball-Japan.png]] Japan [[File:LDP(Japan).png]][[File:ShinzoAbe.png]]=== ''Main Articles: [[File:Necon.png]] [[Neoconservatism]] and [[File:Reactlib.png]] [[Reactionary Liberalism]] '' '''[[File:ShinzoAbe.png]] Abeism''', also known as '''Abenomics''' , is the ideology of former [[File:Cball-Japan.png]] Japanese prime Minister Shinzo Abe, who ruled from 2006 to 2007, and again from 2012 to 2020. Abe was a member of the [[File:LDP(Japan).png]] [[Reactionary Liberalism|Liberal Democratic Party]], which has been the rulling party since 1955. Abe was also a member of the [[File:NeoShowa.png]] [[Showa Statism|Nippon Kaigi,]] a Japanese ultranationalist organization who has denied Japanese war crimes. Abe was assassinated on July 8th, 2022 by former Navy veteran [[File:TetsuyaYamagami.png]] [[Contrarianism|Tetsuya Yamagami]], who targeted Abe for his connections to the Unification Church. ==== Abenomics ==== Mr Abe's signature economic programme was the set of policies that he introduced from 2012. His plan was to jumpstart Japan's economy out of two decades of stagnation using the so-called three "arrows" of Abenomics: Monetary policy: Japan's hyper-easy monetary policy in the form of negative short term interest rates was put in place to make it cheaper for consumers and companies to borrow money and spend. Fiscal stimulus: Pumping money into the economy, which means the government spending more money on things like infrastructure, or giving financial incentives to companies like tax breaks. Structural reforms: Corporate reform, adding more women into the workforce, labour liberalisation, and allowing more migrants into the workforce to help ease labour pressures and add to economic growth. ===== Did Abenomics work? ===== As an exercise in political branding, Economists considered Abenomics a success, though it fell short of Mr Abe's own key economic target. When his government took office it was faced with the task of revitalising Japan's once dynamic economy, which was still in the shadow of the major slowdown during the so-called "lost decade" from around 1991 to 2001. Abenomics did help drive growth, though not at the pace that the country had seen during its post-war boom. Even now, the size of the economy remains lower than the 600 trillion yen (Β£3.7tn; $4.4tn) goal set by Mr Abe's administration for 2020. But as he left office many economists credited Mr Abe for putting the country in a more robust position to withstand economic shocks like the pandemic than when he came to office almost eight years earlier. ===== Shinzo Abe's economic legacy ===== Mr Abe's economic approach was called into question when Japan slipped back into recession in early 2020. He also faced criticism over how he dealt with Covid in the country. He mounted campaigns to encourage domestic tourism which opponents said contributed to a resurgence in infections. Critics also say Abenomics failed deliver on pledges such as giving women in the workforce more of a voice, tackling nepotism and changing unhealthy work cultures. However, on Friday, Bank of Japan governor Haruhiko Kuroda said Mr Abe had done much towards "pulling Japan out of prolonged deflation" and "achieving sustained economic growth". He added he wanted to "express sincere respect for Abe's strong leadership", and "contribution to Japan's economic development". Summary: Please note that all contributions to Polcompball Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see pcb w:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) This page is a member of a hidden category: Category:Pages with broken file links