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Stockholm Seminar on Japan
March 26, 2013 - 15:00-16:30
by Dr. H. Richard Nakamura, School of Business, Economics and Law, University of Gothenburg
Japan has experienced decades of deflation, low levels of consumption, low economic
growth, and a quick succession of governments. In December 2012, Japan’s Prime
Minister Abe Shinzo returned to the post that he had been forced to leave in 2007.
Prior to the general elections of 2012, Abe promised higher public spending at the
same time as he tried to exercise pressure on the central bank, Bank of Japan. Abe
also appointed Aso Taro the new Finance Minister, a strong advocate of a generous
public spending scheme that has characterized most Liberal Democratic Party
governments since the 1990s. As a result, the country has seen a depreciating Yen
and soaring indices at the Tokyo Stock Exchange. Some observers have attributed
these effects to “Abenomics”, but what is it really?
Dr. H. Richard Nakamura is Assistant Professor at the School of Business,
Economics and Law at University of Gothenburg. His research concerns the Japanese
and East Asian economies, with a special focus on foreign direct investment, crossborder
mergers and acquisitions and internationalization processes of Asian business.
Discussant: Dr. Bert Edström, Senior Research Fellow, Institute for Security and Development Policy
The seminar will be moderated by Professor Marie Söderberg, Director, EIJS
Venue: Ohlinrummet, 5th floor, Stockholm School of Economics, Sveavägen 65, Stockholm
RSVP to [email protected] by March 22, 2013