Public Policy Planning & Consulting Co. (SEISAKU-KOUBOU) is a public policy consulting firm based in Tokyo, covering broad policy areas such as economic policy, fiscal policy, regulatory policy, administrative reform, international trade and investment, etc.
PPPC provides consulting and briefing services to the clients in the central/local governments, Diet, local assemblies and the private sector.

This blog is aimed at providing general information, latest updates and some of our analytical reports about Japan's public policy in English.
The contents include;
- updates on some important government councils, especially those in which our executive officers serve as the members,
- weekly reports on latest news in Nagata-cho, the political center in Japan, (partially).
- analytical reports and articles by our members and distinguished experts outside the firm,(partially).


This Week’s “Nagata-cho” (1-8.Jan, 2014)

 On January 6, Prime Minister Shinzo Abe held the New Years Press
conference. In the address, Abe pledged to promote further his
economic policy dubbed Abenomics in light of the perception that
the economy has steadily turned upward from the critical situation
of one year ago, while reserving that it is still halfway of getting
away from the deflation. Also, given predictions of decreasing
consumption after the sales tax hike to 8% from April this year, Abe
vowed to deliver actual feeling of recovering economy to the people
firsthand by this spring. The idea is to let people throughout the
country feel the recovering economy by raising wages in mid- and
small-sized enterprises and revitalizing local economies in order to
achieve a positive cycle of economy and to regain the strong

 Abe has regarded the ordinary session of the Diet to be convened on
January 24 as Diet to achieve positive cycle of the economy. The
Cabinet has compiled the record largest 95.88 trillion yen of the
general account budget for FY 2014 in addition to the 5.46 trillion
yen of the supplementary budget for this fiscal year to finance the
economic measures to alleviate possible negative economic impacts of
the consumption tax hike in April.
 Furthermore, the Cabinet scheduled to revise the growth strategy by
middle of this year to promote structural reforms in the field of
employment, agriculture, medical care, etc., while implementing the
legislation of industrial competitiveness and special economic zones
steadily. Abe also mentioned decreasing of corporate tax rate by 2.4%.

 The government and ruling parties are willing to pass the
supplementary budget by early-February and the initial budget FY 2014
in March through the Diet. Yet, the opposition parties such as
Democratic Party of Japan have been repelled by the coercive tactic
taken by the ruling coalition in the year-end over the special
intelligence protection legislation, and there is likely a political
turmoil from the beginning of the ordinary Diet session.

 For more, Abe recognized the TPP as a long-term strategy to form a
framework to secure prosperity of the Asia-Pacific region and vowed
to carefully determine the final destination since it is a matter that
each countrys national interests confront each other. Over the
controversial 5 agricultural items, Abe sustained the conventional
recognition that the government has engaged in the negotiation while
holding both the aggressive and protective stances.

 Abe also emphasized his proactive contribution to peace stance in
the diplomatic aspect. In relation to South Korea and China, with
which Japans relationship has been worsened, Abe once again called
for summit meetings as the door is always opened for dialogue.
With regard to Abes visit to Yasukuni Shrine as well as Abes
determination toward reinterpretation of Constitution as to permit the
right to collective self-defense which have caused great concerns in
the neighboring countries, Abe said he would explain the intension
carefully to both the governments.


No comments:

Post a Comment