Abenomics and Japan's Trade Policy in a New Era

Mireya Solís, Shujiro Urata

研究成果: Review article

4 引用 (Scopus)

抄録

Trade policy, in particular, the Trans-Pacific Partnership Agreement (TPP), has been a centerpiece of the Abe administration's economic strategy. The TPP's contributions to Japan's growth strategy include: (i) creating trade and investment opportunities abroad for Japanese companies through ambitious liberalization targets; (ii) advancing domestic reforms – with the largest service and agricultural liberalization commitments to date; and (iii) increasing bargaining leverage in other trade negotiations. But the domestic reform goals of Abenomics in agriculture have come up short due to opposition from domestic lobbies. American trade politics – which culminated in the US withdrawal from the TPP – have upended the goals of trade policy under Abenomics. Japan's best option in this new environment is to deliver on high quality, multi-party trade agreements: concluding negotiations with Europe; scaling up the ambition of Regional Comprehensive Economic Partnership; and salvaging a TPP 11. The merits of a bilateral free trade agreement with the USA will depend on how the Trump administration operationalizes its America First policy.

元の言語English
ページ(範囲)106-123
ページ数18
ジャーナルAsian Economic Policy Review
13
発行部数1
DOI
出版物ステータスPublished - 2018 1 1

Fingerprint

trade policy
Japan
liberalization
salvaging
trade agreement
free trade
bargaining
economics
reform
lobby
politics
scaling
withdrawal
agriculture
opposition
commitment
Trade policy
Liberalization

Keywords

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)
    • Political Science and International Relations
    • Management, Monitoring, Policy and Law

    これを引用

    Abenomics and Japan's Trade Policy in a New Era. / Solís, Mireya; Urata, Shujiro.

    :: Asian Economic Policy Review, 巻 13, 番号 1, 01.01.2018, p. 106-123.

    研究成果: Review article

    Solís, Mireya ; Urata, Shujiro. / Abenomics and Japan's Trade Policy in a New Era. :: Asian Economic Policy Review. 2018 ; 巻 13, 番号 1. pp. 106-123.
    @article{f874f42c42054fb294034d4f2c2ec4bb,
    title = "Abenomics and Japan's Trade Policy in a New Era",
    abstract = "Trade policy, in particular, the Trans-Pacific Partnership Agreement (TPP), has been a centerpiece of the Abe administration's economic strategy. The TPP's contributions to Japan's growth strategy include: (i) creating trade and investment opportunities abroad for Japanese companies through ambitious liberalization targets; (ii) advancing domestic reforms – with the largest service and agricultural liberalization commitments to date; and (iii) increasing bargaining leverage in other trade negotiations. But the domestic reform goals of Abenomics in agriculture have come up short due to opposition from domestic lobbies. American trade politics – which culminated in the US withdrawal from the TPP – have upended the goals of trade policy under Abenomics. Japan's best option in this new environment is to deliver on high quality, multi-party trade agreements: concluding negotiations with Europe; scaling up the ambition of Regional Comprehensive Economic Partnership; and salvaging a TPP 11. The merits of a bilateral free trade agreement with the USA will depend on how the Trump administration operationalizes its America First policy.",
    keywords = "Abenomics, domestic reform, Japan, trade policy, Trans-Pacific Partnership",
    author = "Mireya Sol{\'i}s and Shujiro Urata",
    year = "2018",
    month = "1",
    day = "1",
    doi = "10.1111/aepr.12205",
    language = "English",
    volume = "13",
    pages = "106--123",
    journal = "Asian Economic Policy Review",
    issn = "1832-8105",
    publisher = "Wiley-Blackwell",
    number = "1",

    }

    TY - JOUR

    T1 - Abenomics and Japan's Trade Policy in a New Era

    AU - Solís, Mireya

    AU - Urata, Shujiro

    PY - 2018/1/1

    Y1 - 2018/1/1

    N2 - Trade policy, in particular, the Trans-Pacific Partnership Agreement (TPP), has been a centerpiece of the Abe administration's economic strategy. The TPP's contributions to Japan's growth strategy include: (i) creating trade and investment opportunities abroad for Japanese companies through ambitious liberalization targets; (ii) advancing domestic reforms – with the largest service and agricultural liberalization commitments to date; and (iii) increasing bargaining leverage in other trade negotiations. But the domestic reform goals of Abenomics in agriculture have come up short due to opposition from domestic lobbies. American trade politics – which culminated in the US withdrawal from the TPP – have upended the goals of trade policy under Abenomics. Japan's best option in this new environment is to deliver on high quality, multi-party trade agreements: concluding negotiations with Europe; scaling up the ambition of Regional Comprehensive Economic Partnership; and salvaging a TPP 11. The merits of a bilateral free trade agreement with the USA will depend on how the Trump administration operationalizes its America First policy.

    AB - Trade policy, in particular, the Trans-Pacific Partnership Agreement (TPP), has been a centerpiece of the Abe administration's economic strategy. The TPP's contributions to Japan's growth strategy include: (i) creating trade and investment opportunities abroad for Japanese companies through ambitious liberalization targets; (ii) advancing domestic reforms – with the largest service and agricultural liberalization commitments to date; and (iii) increasing bargaining leverage in other trade negotiations. But the domestic reform goals of Abenomics in agriculture have come up short due to opposition from domestic lobbies. American trade politics – which culminated in the US withdrawal from the TPP – have upended the goals of trade policy under Abenomics. Japan's best option in this new environment is to deliver on high quality, multi-party trade agreements: concluding negotiations with Europe; scaling up the ambition of Regional Comprehensive Economic Partnership; and salvaging a TPP 11. The merits of a bilateral free trade agreement with the USA will depend on how the Trump administration operationalizes its America First policy.

    KW - Abenomics

    KW - domestic reform

    KW - Japan

    KW - trade policy

    KW - Trans-Pacific Partnership

    UR - http://www.scopus.com/inward/record.url?scp=85040098459&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=85040098459&partnerID=8YFLogxK

    U2 - 10.1111/aepr.12205

    DO - 10.1111/aepr.12205

    M3 - Review article

    VL - 13

    SP - 106

    EP - 123

    JO - Asian Economic Policy Review

    JF - Asian Economic Policy Review

    SN - 1832-8105

    IS - 1

    ER -