ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Opinion

Japan's economic emergency requires more than 'new capitalism'

Fumio Kishida should focus on reinvigoration, not reinvention

| Japan
Fumio Kishida in London on May 5: Kishida must actively encourage innovation.   © AP

Nobuko Kobayashi is a partner with EY Strategy and Consulting Co., Ltd., Strategy and Transactions -- EY-Parthenon.

On May 5, Japan's Prime Minister Fumio Kishida delivered a speech to the City of London elaborating on, among other topics, a "new form of capitalism" that his administration advocates for. According to the transcript provided by the prime minister's office, he explained that "new" meant "an upgrade -- a stronger, more sustainable version of capitalism."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more