Abenomics refers to the new economic policy platform being rolled out by Shinzo Abe, the current Japanese Prime Minister. Abe assumed office on December 26 2012. Abenomics is a set of policy measures meant to resolve Japan's macroeconomic problems. It consists of monetary1 policy, fiscal2 policy, and economic growth strategies to encourage private investment. Specific policies include inflation targeting at a 2% annual rate, correction of the excessive yen3 appreciation4, setting negative interest rates, radical5 quantitative6 easing, expansion of public investment, buying operations of construction bonds by Bank of Japan , and revision of the Bank of Japan Act.
安倍经济学(Abenomics)指日本现任首相安倍晋三推出的经济新政策。安倍晋三于2012年12月26日上任。安倍经济学是一系列旨在解决日本宏观经济问题的政策手段,包含货币政策、财政政策与鼓励私人投资的经济增长方案。具体政策包含:年通货膨胀率达到2%,抑制日元过度升值,拟定负利率,量化宽松,扩大公共投资,日本银行购买建设性国债,与修订《日本央行法》。
In terms of results, the yen has become about 25% lower against the U.S. dollar in the second quarter of 2013 compared to the same period in 2012, with a highly loose monetary policy being followed. In addition, the unemployment rate of Japan has lowered from 4.0% in the final quarter of 2012 to 3.7% in the first quarter of 2013, continuing a past trend.
从结果来看,2013年第二季度,日本对USD的汇率比上年同期降低了约25%,随之而来的是高度宽松的货币政策。另外,日本的失业率也由2012年第四季度的4.0%降低到2013年首季的3.7%,维持了之前的降低趋势。