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The Trap of Sanaenomics' "Responsible Active Fiscal Policy": "Wage Increase Pressure" on Companies Holds the Key to Its Success

Summary by toyokeizai.net
In her policy speech, Prime Minister Sanae Takaichi mentioned "responsible active fiscal policy." Given the labor shortage, a simple macroeconomic policy of active fiscal policy alone would end in failure. However, if combined with microeconomic policies that thoroughly promote wage increases, Sanae...
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In her policy speech, Prime Minister Sanae Takaichi mentioned "responsible active fiscal policy." Given the labor shortage, a simple macroeconomic policy of active fiscal policy alone would end in failure. However, if combined with microeconomic policies that thoroughly promote wage increases, Sanae...

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toyokeizai.net broke the news in on Monday, November 3, 2025.
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