Date : July 27, 2022
Video Report: The Essence of a “New Form of Capitalism” ― Considering Future Directions (Dr. Noriyuki Yanagawa, Professor, The University of Tokyo Graduate School of Economics and Faculty of Economics）
post date : 2022.07.27
In the Basic Policy on Economic and Fiscal Management and Reform 2022 announced by the Japanese government in June, the goal of a “New Form of Capitalism” was described as upgrading capitalism in order to make a stronger free and fair economic structure. In concrete terms, while improving redistribution to the workforce through measures such as increasing the minimum wage, investments will be made in job training and lifelong education to accelerate the accumulation of human capital in order to create a “virtuous cycle of growth and redistribution.” However, the criticism has been made that no clear path has been presented for exactly how to create a virtuous cycle of growth and redistribution.
The FPCJ has invited Dr. Noriyuki Yanagawa, a professor at the University of Tokyo, Graduate School of Economics and Faculty of Economics and a member of the government’s Council of New Form of Capitalism Realization, to discuss the meaning behind a New Form of Capitalism and how a virtuous cycle of growth and redistribution can be created. He frequently speaks to the media about the importance of investing in people and the growth strategies.
The briefing had a total of 34 participants including journalists from Brazil, China, France, The Netherlands, UK and US.
■Date: July 27 (Wed.), 2022, 15:30-17:00
■Theme: The Essence of a “New Form of Capitalism” ― Considering Future Directions
■Briefer: Dr. Noriyuki Yanagawa, Professor, The University of Tokyo Graduate School of Economics and Faculty of Economics
■Language: Japanese, with consecutive English interpretation
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