安倍晉三新政出臺(tái),日本經(jīng)濟(jì)重振有望
????當(dāng)然,20年來(lái),日本在增長(zhǎng)乏力的情況下曾多次承諾為經(jīng)濟(jì)松綁。其中一些承諾得到了兌現(xiàn),另一些則成為空談。安倍的工作能取得哪些成效仍有待觀察,但日本已經(jīng)意識(shí)到不能光靠積極購(gòu)買債券來(lái)重振經(jīng)濟(jì),這是個(gè)好跡象。 鄰居的經(jīng)驗(yàn)可供借鑒 ????摩根大通(J.P. Morgan)日本股票研究部門負(fù)責(zé)人杰斯帕?科爾3月份發(fā)表報(bào)告指出,美國(guó)顯然不太可能出現(xiàn)像日本那樣的“消失的十年”,因此,日本已表示它希望效仿美國(guó),并在增長(zhǎng)策略方面跟上美國(guó)的腳步。 ????美國(guó)不僅自身沒(méi)有問(wèn)題,美聯(lián)儲(chǔ)(Federal Reserve)大量收購(gòu)債券的措施還幫助美國(guó)避免了新一輪的衰退?!俺似渌蛩?,日本央行領(lǐng)導(dǎo)班子的變化表明,日本方面又有了新的動(dòng)力,要遵循以美聯(lián)儲(chǔ)為首的模式,將促增長(zhǎng)措施作為貨幣政策的重心?!?/p> ????比如說(shuō),日本一直在積極參與談判,希望加入《跨太平洋伙伴關(guān)系協(xié)定》(Trans-Pacific Partnership)。這個(gè)協(xié)定是美國(guó)和環(huán)太平洋地區(qū)其他國(guó)家簽署的自由貿(mào)易協(xié)議。安倍認(rèn)為,要繼續(xù)成為亞洲主要經(jīng)濟(jì)體,并具備影響亞洲未來(lái)的能力,加入這個(gè)協(xié)定是日本最后的機(jī)會(huì)。 ????為抵御來(lái)自國(guó)外的競(jìng)爭(zhēng),日本在各個(gè)行業(yè)都實(shí)施繁瑣的監(jiān)管,從零售到醫(yī)療保健再到汽車制造都是如此,這一點(diǎn)眾所周知。而《跨太平洋伙伴關(guān)系協(xié)定》能消除此類貿(mào)易障礙——支持者和安倍都說(shuō)它將扭轉(zhuǎn)日本的經(jīng)濟(jì)走勢(shì)。 ????不過(guò),農(nóng)民和其他有影響力的團(tuán)體仍對(duì)此表示反對(duì)。安倍能否借助自身人氣來(lái)克服這樣的困難仍有待觀察。(財(cái)富中文網(wǎng)) ????譯者:Charlie |
????To be sure, much of Japan's two decades of meager growth were also marked by promises to deregulate the economy. While some were kept, many were not. It remains to be seen what Abe might bring to the table, but it's a good sign that Japan recognizes reviving the economy doesn't rest only with an aggressive bond-buying program. A neighbor to follow ????Now that it's clear the U.S. is likely not falling into a Japan-style lost decade, Japan has signaled it wants to follow its Western neighbor and catch up with its growth strategies, said Jesper Koll, director of Japan equity research at J.P. Morgan, in a March report. ????Not that the U.S. doesn't have its own problems, but the Federal Reserve's aggressive bond-buying program has helped the country avoid another recession. "If nothing else, the regime change at the Bank of Japan indicates a newfound vigor to follow the Fed-led model of pro-growth stimulus focused in monetary policy." ????For instance, Japan has been eager to join negotiations for the Trans-Pacific Partnership, a free-trade pact with the U.S. and other Pacific nations. Abe sees it as Japan's last chance to remain an economic power in Asia and shape the region's future. ????Japan is notorious for burdensome regulations over everything from retail to health to autos that shut out foreign competitors. The partnership would eliminate such barriers to trade -- something proponents and Abe say could turn Japan's economy around. ????Abe still faces opposition from farmers and other influential groups, however. And it remains to be seen if he could overcome that with his popularity. |