The coronavirus pandemic has made it clear that Japan lags far behind other countries in putting new digital technologies to actual use.
For Heizo Takenaka's latest contributions to The Japan Times, see below:
Rebuilding Japan's fiscal health will be impossible without overhauling the social security system.
A key challenge for the economy going forward is to how to invigorate Japanese firms' investments in intangible assets.
Japan is lagging behind many other countries when it comes to innovation.
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
The adoption of a social security policy for the purpose of a competition policy must be avoided.
The Cabinet must pursue management of the economy that will achieve near-term stimulus and medium- to long-term growth.
Despite past reforms, the bureaucracy continues to wield strong influence over policy decisions today.
The Abe administration has secured a stable political footing, but is now confronted with major challenges in its economic policies.
The government needs to make information about the public pension system more transparent and easy to understand.