Japan Chases China in Latin America
Japan Chases China in Latin America
Prime Minister Shinzo Abe's Latin America trip demonstrates the region's growing importance to the global economy, COA's Eric Farnsworth writes for Financial Times' beyondbrics.
Expanding global economic engagement is an important but underappreciated aspect of the “Abenomics” agenda to reflate Japan’s long-stagnant economy while laying the groundwork for future growth.
As Prime Minister Shinzo Abe’s recent trip to Latin America and the Caribbean highlighted, the Americas offer an intriguing complement to the strategy, from using trade negotiations to open protected markets at home and abroad, to gaining access to new sources of raw materials including energy and to seeing off new competitors in existing markets.
