Abenomics is Progressing

The Organization for Economic Cooperation and Development forecasts that the annual average real economic growth for the 2010-2030 period will register 3.3 percent for the world and 2.3 percent for OECD member nations. Culture is the aggregation of beauty, sensibility and ethics, and its magnificence moves the hearts of people and fascinates people abroad.But in the current situation, the world’s structure is getting further multi-polarized, with its key functions declining and risks rising in such aspects as global governance, security, market functions, resources and energy supply and environmental protection.As for the amount of direct income investments relative to gross domestic product, Japan ranks lower than Taiwan, South Korea and China, to say nothing of advanced countries.

Abenomics in early 2013, the focus has largely been on its first arrow, i.e., the aggres-sive monetary stimulus which the Bank of Japan (BOJ) kick-started in April 2013.

Many Dutch (Bluetooth, wifi) and Japanese (Walkman, calculators) inventions have travelled around the world. It is basically important for these educational institutions to make comprehensive efforts to promote their reform awareness and carry out necessary measures to upgrade their levels of creativity, international orientation and autonomy.Recently the fusion of art and technology and of culture and industry has been progressing greatly. He characterized the snap election as an election to seek people’s fresh “mandate for Abenomics” — his set of policies designed for national economic recovery. Interestingly enough the pendulum technology invented by Dutchman Christian Huygens in the 17th century serves as the backbone for the Karakuri technology. The use of springs inside typical Japanese wooden dolls allows them to move mechanically. This trend is clear in the contents industry, which produces animations, and in the development of beautiful cities and attractive fashion.

As the population continues to decline, the financial burden of the social security system, which includes pensions and medical and nursing care services, will become heavier and the nation’s financial structure will deteriorate further. While before the Japanese have had 6 prime ministers over the same number of years, Abe however has retained his approval ratings and therefor can implement more in popular measures, like the recent consumption tax.In my welcome speech, I explored the question regarding what ”Made in...” stands for today in an environment of further globalization and shifting markets, and whether this concept still matters as much as it did 20-30 years ago. Japan has achieved the highest economic growth among G8 countries during the last year. A political decision is required in this connection.Its population is projected to decline in the 21st century by the same margin as its population grew in the 20th century. As a result, its current system is not capable of increasing exports even if the yen’s value declines. This in turn will exert strong pressure on its already worsening financial situation and declining productive-age population.• Sixth, it is important to cultivate the nation’s capabilities to respond to global risks.

According to the same statistics the Greeks are also very 'happy', also explained by the fact that they don't really have to worry about their pension reserves...The two professors, Kruit from Delft and Fukuda from Nagoya, covered the various developments in their respective fields, robotics, microscopes and nano technology. And the application of Karakuri in present day car making as well as Dutch and Japanese chips in your cell phone shows that it is not the outside but the inside that matters, and that Made in Holland or Japan after many years still indicates state-of-the-art technology.Last Thursday I addressed the annual forum of Dujat, the Dutch & Japanese Trade Federation that has been very active and successful for the past 30 years in strengthening the ties between the Japanese and Dutch business communities.
But the question is how to address such problems as the tendency among people of marriageable age to stay unmarried temporarily or permanently, the growing trend of late marriage and the decline in the average number of births for married couples.• Fifth, more efforts are needed to promote reforms of the nation’s social security system as well as financial reconstruction.

The theme of the forum was “Made in Holland, Made in Japan”.
Also, Abenomics has more staying power. 'Pure Invention': How Japan's pop culture became the 'lingua franca' of the internetPrime Minister Shinzo Abe dissolved the Lower House on Nov. 21 and set the general election for Dec. 14.