Japan's 'Suganomics' will target quick wins, not grand visions


  • World
  • Friday, 18 Sep 2020

Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, 2020. Carl Court/Pool via REUTERS

TOKYO (Reuters) - Japan's new prime minister will pursue economic structural reforms through a mixed bag of policies that target specific industries, rather than a grand strategy to reshape society and boost long-term growth.

Armed with a strong grip on Japan's bureaucracy, Yoshihide Suga knows which levers to pull to get results, say government and ruling party officials who know him or have worked with him.

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