Prime Minister Shinzo Abe will explain his "Abenomics" strategy to his Group of Eight peers when they meet next week in Northern Ireland, government officials said Thursday.
Abe hopes to win acceptance for his three-pronged approach, aimed at ending decades of deflation and reviving the economy, amid criticism from some quarters that the weakening of the yen via aggressive monetary easing has hurt rivals' exports by making Japanese goods cheaper abroad.
The summit at the Lough Erne golf resort near Enniskillen next Monday and Tuesday involving Britain, Canada, France, Germany, Italy, Japan, the United States and Russia will be the first occasion for Abe to showcase his pet policies in a multinational setting.