Abenomics: Could This Time Be Different?
Abenomics, the term coined for Prime Minister Abe’s economic policies, is comprised of three pillars: aggressive monetary easing; fiscal stimulus; and a strategy for growth. At its current stage of implementation, some proactive monetary policy moves by the Bank of Japan and expectations of more to come have led to a weaker Yen and a strong rally in the stock market. However, it remains to be seen how effective the BOJ’s new policy thrust will be and how the remaining two pillars of Abenomics will be implemented.
Expectations of Japan getting out of deflation and experiencing stronger growth have been raised before, only to be subsequently dashed. Will this time be different and, if so, why? Will Abenomics be the lasting salve for Japan’s economic woes, or will it be just another short-term fix? In this corporate luncheon, Paul Sheard, Chief Global Economist & Head of Global Economics and Research, Standard & Poor’s and Nathan Sheets, Global Head of International Economics, Citi, offer their observations and analysis of Abenomics and Japan’s economy after the appointment of the Bank of Japan’s new Governor and Vice-Governors.
Paul Sheard, Chief Global Economist & Head of Global Economics and Research, Standard & Poor’s
Nathan Sheets, Global Head of International Economics, Citi
Kim Schoenholtz, Professor of Management Practice, Department of Economics; Director, Center for Global Economy and Business, Leonard N. Stern School of Business, New York University
12-12:30 pm Registration & reception
1-2 Lecture and Q&A
Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. These reservations must be made at least 48 hours prior to the event. Additional corporate registrants and Japan Society individual members at the Patron Circle level and above pay the discounted corporate member rate of $45 for lunch and lecture, $10 for lecture only. Nonmember admission: $65 for lunch and lecture, $15 lecture only. The academic and government admission rate is $30 for the luncheon and $10 for lecture only. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome.
For information only, please contact the Corporate Program at 212-715-1208.
- Apr 23, 2013 at 12:00 pm