摘要
安倍经济学货币和财政政策效力仅限于短期,且受债务负担可持续性等多种因素的制约。比较而言,安倍经济学经济增长战略是将货币和财政政策形成的良好预期转化为具体的经济行为,推动日本经济持续增长的关键。现有的经济增长战略方案方向正确,但要实现预期目标,其政策力度显然不足。日本政府能否在提高经济全要素生产率和劳动投入,有效化解企业部门的过度储蓄从而解决需求不足等方面推出强有力的新政,是安倍经济学能否实现其长期增长战略目标的关键。
The effects of fiscal and monetary stimulus of the Abenomics will be short-lived due to Japan' s unsustainable public debt and limited space for further monetary easing.The success of Abenomics,therefore,will to a large degree be determined by its 'third arrow',i.e.,economic growth strategy.This article analyzes the structural factors attributed to Japan's deflation over the past decades and looks at what resolutions the growth strategy is to deliver.It argues that the growth strategy aims at the right targets.However,its current strength is far from enough to fulfil the long-term growth objectives.The article suggests to introduce bolder policies to reform Japan' s rigid labor market,increase its productivity and labor input,reduce the excessive savings in the cooperate sectors,and carry out more structural reforms.It is also crucial for the Japanese government to implement its reform agenda consistently without being interrupted.
出处
《国际经济评论》
CSSCI
北大核心
2013年第5期55-66,5,共12页
International Economic Review
基金
国家社科基金重点项目"二十国集团面临的全球治理重点问题研究"(11AGJ001)阶段性研究成果
教育部留学回国人员科研启动基金资助项目的资助
