Shinzo Abe three arrows economic policy

 Introduction Shinzo Abe, Japan’s longest serving prime minister Shinzo Abe has left an indelible impression on the international community. By recasting Japan’s role in the world through foreign policy, Abe took a country that passively rode the wave of globalization when it practiced gunboat diplomacy into a strategic actor. From remaking Japan’s pacifist identity to cultivating Indo-Pacific partnerships, Abe’s legacy is one of audacious goals, ideological clarity and international outreach. In this blog we examine his vision on the world, some of his key foreign policies, and analyze how he will be remembered as a leader to Japan and to the world.

Shinzo Abe Rise and Political Background Shinzo Abe Early Foundations Born in 1954, Shinzo Abe was himself born into a powerful political family. His grandfather was a former prime minister, Nobusuke Kishi, and his father, Shintaro Abe, was foreign minister. Abe was educated in political science at Seikei University and continued his studies at the University of Southern California. These experiences helped populate his lens with a global view that would inform how he would lead in the future.

First Premiership and Resignation (2006–2007) Abe’s first term as prime minister began in 2006 and ended in 2007 as a result of his health and political difficulties. He showed his nationalist color, and the seeds of an agenda to restore Japan’s standing in the world at a time when it had lost much of its international clout had already begun to sprout.

Shinzo Abe Reinventing  Global Role (2012–2020) Abenomics: A Domestic and International Strategy The Three Arrows of Abenomics When Abe returned to power in 2012, he announced Abenomics, a full- scale economic reform program based on:

Aggressive monetary easing

Flexible fiscal policy

Structural reforms to boost productivity

The purpose of these reforms was to revive the domestic economy, and to demonstrate that Japan was again competitive internationally.

Shinzo Abe Restoring Economic Confidence Due to the policies made by Abe, Japan showed itself as an attractive investment location. Japanese multinationals grew abroad, and inward investment and global faith in Japan’s economy were restored.