Date: Monday, April 29, 2013
Venue: South American Room, Capital Hilton
1001 16th Street, NW, Washington, DC 20036
Welcome Address: Katsuichi Uchida, President, U.S.-Japan Research Institute (USJI) / Professor, Waseda University
Speaker: The Honorable Yasutoshi Nishimura, Senior Vice Minister of Cabinet Office
Abstract: The three-pronged strategy launched by the Abe Cabinet, which is called as “Abenomics”, has a remarkable impact on the economy through higher stock prices and better sentiments, supported by the BOJ’s aggressive monetary easing and the fiscal stimulus measures. Following the success of the two pillars in the strategy, the government now puts the highest priority on the final pillar, a growth strategy for strengthening competitiveness aimed at achieving sustainable growth. From the aspect of global and regional stability, it is necessary that both Japan and the United States revitalize the economy and strengthen the basis for exercising global or regional leadership. Since economic power serves as a fundamental of diplomatic power, the revival of the US and Japanese economy will contribute to the stability and prosperity of the Asia-Pacific region.