And taking another look at Japan.
Prime Minister Shinzo Abe has announced a range of reform measures... in an attempt to revive the Japanese economy after two decades of sluggish growth.
Dubbed the "third arrow," the 2-hundred 30-point plan... focuses on potential regulatory changes to encourage Japanese corporations to invest more and create more jobs.
In turn, Abe hopes to regain the confidence of domestic and foreign investors so that Tokyo can help companies out of the red and compete alongside global rivals.
To get there, the government plans to slash the country's corporate tax rate below 30 percent... from the current 34 percent, starting next year.
Since taking office in 2012, Abe has launched his so-called first two arrows aimed at monetary stimulus policies and boosting public works spending.
