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Keidanren's Priority Policies

November 24, 2004
Revised February 7, 2005

Nippon Keidanren
(Japan Business Federation)

In January 2003, Keidanren published a vision for the future titled Japan 2025: Envisioning a Vibrant, Attractive Nation in the Twenty-first Century. Japan's political, economic, and social systems have lost the ability to adapt swiftly to changing conditions, such as the country's falling birthrate and aging population and the intensification of global competition. Japan 2025 outlined a grand design for a private-sector-driven society characterized by individual autonomy, marking a shift away from the old bureaucracy-led model of growth. Our goal is a society in which individuals and corporations can freely express their creativity and the dynamism of individual diversity is harnessed for the development of Japan as a whole. At the same time, Japan should aim to be a nation that contributes to the international community and is trusted and respected by the world.

To realize this vision, politicians must display strong leadership in forcefully pursuing the reforms needed to tackle the falling birthrate, to revitalize the economy and industry, and to bring about austere, effective government, as well as in establishing firm security and foreign policies as the foundation of the nation.

Interim Policy Priorities

From this perspective, Keidanren believes the following 10 policy goals merit particularly urgent attention.

1. Tax and fiscal reform to boost Japan's economic dynamism and international competitiveness

2. Comprehensive reform of the social-security system to remove the anxieties of the Japanese people

3. Regulatory reform, public-private partnerships, and the enactment of economic legislation to make full use of private-sector dynamism

4. Pursuit of policies to upgrade Japan's capabilities in science and technology

5. Advancement of truly effective energy and environmental policies to bring about a sustainable society

6. Educational reforms to nurture broad-minded individuals capable of fulfilling their potential

7. Promotion of employment and labor policies that harness the diverse potential of individuals

8. Promotion of regional autonomy and of vibrant, flexible, safe, and secure communities and cities

9. Promotion of trade, investment, and economic cooperation policies appropriate to an age of intense global competition

10. Pursuit of strategic foreign and security policies that adapt to changing domestic and international circumstances

The above priority policies will be used as the criteria for Keidanren's policy assessment of political parties in 2005.

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