The Political Economy of the Abe Government and Abenomics Reforms: Innovation, Agriculture, and Energy Policy

Tuesday, February 9, 2021
4:00 PM - 5:15 PM

Via Zoom Webinar.

Register at:

  • Takeo Hoshi,
  • Phillip Lipscy,
  • Kay Shimizu,
  • Patricia Maclachlan,
  • Kenji Kushida,
  • Trevor Incerti,
  • Kiyoteru Tsutsui

This event is being held virtually via Zoom. Please register for the webinar via the following link:

This event is part of Shorenstein APARC's winter webinar series "Asian Politics and Policy in a Time of Uncertainty."

The government of Abe Shinzo, which ruled Japan from 2012 to 2020, represents an important turning point in Japanese politics and political economy. Abe became the longest-serving prime minister in Japanese history, reversing a trend of short-lived leaders. His government not only stands out for its longevity, but also for its policies: Abe implemented a variety of significant changes, among the most important being a series of economic reforms to reinvigorate Japan’s economy under the banner of “Abenomics.” Drawing on a recently published book co-edited by Takeo Hoshi and Phillip Lipscy, The Political Economy of the Abe Government and Abenomics Reforms and featuring the authors of the relevant chapters, this panel will examine three areas of structural reform that were prioritized under Abenomics: innovation, agriculture, and energy. Moderated by Kiyoteru Tsutsui, the Director of the Japan Program, the panel will also consider the implications of these reforms for the post-Abe era that began with the Suga government in September 2020. 


Takeo HoshiTakeo Hoshi (University of Tokyo), is Professor of Economics at the University of Tokyo. His research area includes corporate finance, banking, monetary policy and the Japanese economy. Hoshi is also Co-Chairman of the Academic Board of the Center for Industrial Development and Environmental Governance (Tsinghua University). His past positions include Henri and Tomoye Takahashi Senior Fellow at the Freeman Spogli Institute for International Studies at Stanford University and Pacific Economic Cooperation Professor in International Economic Relations at University of California, San Diego. He received the 2015 Japanese Bankers Academic Research Promotion Foundation Award, the 2011 Reischauer International Education Award of Japan Society of San Diego and Tijuana, the 2006 Enjoji Jiro Memorial Prize of Nihon Keizai Shimbun, and the 2005 Japan Economic Association-Nakahara Prize. His book Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001) co-authored with Anil Kashyap received the Nikkei Award for the Best Economics Books. He co-authored The Japanese Economy (MIT Press, 2020) with Takatoshi Ito. His book on the political economy of the Abe administration co-edited with Phillip Lipscy is published from Cambridge University Press in 2021. Other publications include “Will the U.S. and Europe Avoid a Lost Decade? Lessons from Japan’s Post Crisis Experience” (Joint with Anil K Kashyap), IMF Economic Review, 2015; and “Zombie Lending and Depressed Restructuring in Japan” (Joint with Ricardo Caballero and Anil Kashyap), American Economic Review, December 2008. Hoshi received his B.A. from the University of Tokyo in 1983, and a Ph.D. in Economics from the Massachusetts Institute of Technology in 1988. 

Phillip Lipscy
Phillip Lipscy (University of Toronto), is associate professor of political science at the University of Toronto. He is also Chair in Japanese Politics and Global Affairs and the Director of the Centre for the Study of Global Japan at the Munk School of Global Affairs & Public Policy. His research addresses substantive topics such as international cooperation, international organizations, the politics of energy and climate change, international relations of East Asia, and the politics of financial crises. He has also published extensively on Japanese politics and foreign policy. Lipscy’s book from Cambridge University Press, Renegotiating the World Order: Institutional Change in International Relations, examines how countries seek greater international influence by reforming or creating international organizations. Before arriving to the University of Toronto, Lipscy was assistant professor of political science and Thomas Rohlen Center Fellow at the Freeman Spogli Institute at Stanford University. Lipscy obtained his Ph.D. in political science at Harvard University and received his M.A. in international policy studies and B.A. in economics and political science at Stanford University.

Kenji Kushida
Kenji Kushida (Stanford University), is a research scholar with the Japan Program at the Walter H. Shorenstein Asia-Pacific Research Center. Kushida’s research and projects are focused on the following streams : 1) how politics and regulations shape the development and diffusion of Information Technology such as AI; 2) institutional underpinnings of the Silicon Valley ecosystem, 2) Japan's transforming political economy, 3) Japan's startup ecosystem, 4) the role of foreign multinational firms in Japan, 4) Japan's Fukushima nuclear disaster. He spearheaded the Silicon Valley - New Japan project that brought together large Japanese firms and the Silicon Valley ecosystem. He has published several books and numerous articles in each of these streams, including “The Politics of Commoditization in Global ICT Industries,” “Japan’s Startup Ecosystem,” "How Politics and Market Dynamics Trapped Innovations in Japan’s Domestic 'Galapagos' Telecommunications Sector," “Cloud Computing: From Scarcity to Abundance,” and others. His latest business book in Japanese is “The Algorithmic Revolution’s Disruption: a Silicon Valley Vantage on IoT, Fintech, Cloud, and AI” (Asahi Shimbun Shuppan 2016). Kushida has appeared in media including The New York Times, Washington Post, Nihon Keizai Shimbun, Nikkei Business, Diamond Harvard Business Review, NHK, PBS NewsHour, and NPR. He is also a trustee of the Japan ICU Foundation, alumni of the Trilateral Commission David Rockefeller Fellows, and a member of the Mansfield Foundation Network for the Future. Kushida has written two general audience books in Japanese, entitled Biculturalism and the Japanese: Beyond English Linguistic Capabilities (Chuko Shinsho, 2006) and International Schools, an Introduction (Fusosha, 2008). Kushida holds a PhD in political science from the University of California, Berkeley. His received his MA in East Asian Studies and BAs in economics and East Asian Studies with Honors, all from Stanford University.

Patricia Maclachlan

Patricia L. Maclachlan (University of Texas), received her PhD in comparative politics from Columbia University in 1996 and is now Professor of Government and the Mitsubishi Heavy Industries Professor of Japanese Studies at the University of Texas at Austin. Her publications include Consumer Politics in Postwar Japan: The Institutional Boundaries of Citizen Activism (Columbia University Press, 2002), The Ambivalent Consumer: Questioning Consumption in East Asia and the West (Cornell University Press, 2006), which she co-edited with Sheldon Garon, and The People’s Post Office: The History and Politics of the Japanese Postal System, 1871-2010 (Harvard University East Asia Center, 2011). Her current research focuses on the political economy of Japanese agriculture and the reform of the agricultural cooperative system; her book on the topic, co-authored with Kay Shimizu, is forthcoming from Cornell University Press. Maclachlan currently serves on the Japan-U.S. Friendship Commission and the United States-Japan Conference on Cultural and Educational Interchange (CULCON), the American Advisory Committee of the Japan Foundation, and the editorial board and board of trustees of the Journal of Japanese Studies.

Kay Shimizu

Kay Shimizu (University of Pittsburgh). Shimizu's research addresses institutional design and their effects on economic governance with a special interest in central local relations, property rights, and the digital transformation.  Her publications include Political Change in Japan: Electoral Behavior, Party Realignment, and the Koizumi Reforms (coedited with Steven R. Reed and Kenneth McElwain) as well as articles in Socio-Economic ReviewJournal of East Asian StudiesCurrent History, and Social Science Japan Journal.  She is the author, with Patricia L. Maclachlan, of a forthcoming book on agricultural cooperative reform from Cornell University Press. Shimizu received her Ph.D. in political science from Stanford University.  She contributes regularly to the public discourse on international relations and the political economy of Asia and has been a fellow at the Mike and Maureen Mansfield Foundation, the National Committee on U.S. China Relations, and the U.S.-Japan Foundation.

Trevor Incerti
Trevor Incerti (Yale University), is a PhD Candidate in Political Economy.  His research focuses on the ways individuals, businesses, and interest groups use politics for private gain. His work has been published in the American Political Science Review and British Journal of Political Science, among other outlets. Prior to Yale, he has worked as a Data Scientist for TrueCar, Inc., as an economic consultant at Compass Lexecon, and as a researcher at Stanford University. Incerti holds B.A. degrees in Political Economy and Asian Studies (Japan) from UC Berkeley. 


Kiyoteru Tsutsui

Kiyoteru Tsutsui (Stanford University), is Henri H. and Tomoye Takahashi Professor and Senior Fellow in Japanese Studies at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University, where he is also Director of the Japan Program, a Senior Fellow of the Freeman Spogli Institute for International Studies, and a Professor of Sociology. He is the author of Rights Make Might: Global Human Rights and Minority Social Movements in Japan (Oxford University Press, 2018), co-editor of Corporate Responsibility in a Globalizing World (Oxford University Press, 2016) and co-editor of The Courteous Power: Japan and Southeast Asia in the Indo-Pacific Era (University of Michigan Press, forthcoming 2021).