Tag Archives: abenomics

Ozawa, Japan’s one-time ‘shadow shogun,’ survives wipeout

ozawaPhoto credit to Kazuhiro Nogi/AFP/Getty.

In Japanese politics, few figures loom larger than Ichirō Ozawa (小沢 一郎), who has been a MP in Japan’s parliament since 1969.Japan

On Sunday, he faced the largest challenge of his political career, when as the leader of the People’s Life Party (生活の党, Seikatsu no Tō), he struggled to hold onto his own constituency in northern Iwate prefecture, campaigning in his home city of Ōshū for the first time in three decades.

As it turns out, Ozawa (pictured above) held off his opponent by more than 10 points, winning one of just two seats for the People’s Life Party. So while Ozawa will return to the House of Representatives, the lower house of Japan’s parliament, the Diet (国会), he will do so as an increasingly isolated relic after reaching the pinnacle of leadership in both the dominant Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō) of prime minister Shinzō Abe (安倍 晋三) and the opposition Democratic Party of Japan (DPJ, or 民主党, Minshutō), which held power for three tumultuous years from 2009 to 2012.

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RELATED: Japan is once again an essentially one-party country

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Known for decades as Japan’s ‘shadow shogun’ for the power he wielded behind closed doors, it’s no exaggeration to say that Ozawa is one of the leading figures of postwar Japanese politics. He was a vital figure in the LDP’s 1980s dominance, and he was instrumental in leading the only two movements that have dislodged the LDP’s six-decade political hegemony. In 45 years of political life, Ozawa himself has gone from conservative to liberal and back again with no clear ideological compass beyond gaining (and regaining) power. Although he’s a controversial figure, there’s no doubting that he has played a greater role than nearly anyone else in Japan in the effort to create a truly multi-party system, even while he’s disparaged Christianity as an exclusionary religion, claimed to ‘hate’ Europe and once derided Americans as ‘mono cellular’ and ‘simple-minded.’

At age 72, and leading a caucus that contains just one other legislator, few would disregard Ozawa’s ability to mount yet another comeback, especially if Abe’s efforts to stimulate Japan’s economy, once again tumbling into recession, ultimately fail. That’s especially true with few credible opposition figures in sight.  Continue reading Ozawa, Japan’s one-time ‘shadow shogun,’ survives wipeout

Japan is once again an essentially one-party country

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As expected, Japan’s prime minister Shinzō Abe (安倍 晋三) and the governing Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō) easy won snap elections called less than three weeks ago.Japan

Despite growing doubts about Japan’s precarious economy, which entered an official recession last quarter, Abe maintained a two-thirds majority in the lower house of Japan’s parliament. The most amazing fact of the election is that Japan’s opposition parties, despite a feeble effort against Abe’s push for reelection, lost virtually no ground.

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RELATED: Abe calls snap elections in Japan as recession returns

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Nevertheless, it’s hard not to conclude from the results and the sudden December election campaign that Japan today has essentially returned to one-party rule for the time being. It puts a grim end to a period that began in 1993 with the first non-LDP government in over 40 years, and that culminated with the clear mandate of the Democratic Party of Japan (DPJ, or 民主党, Minshutō) in the 2009 general election. The DPJ cycled through three different prime ministers in three years, and it often appeared to stumble in its efforts to respond to the global financial crisis, longstanding declines in demographic and economic trends and the 2011 meltdown of the Fukushima nuclear reactor.

By December 2012, with promises of a massive new wave of monetary and fiscal stimulus, Abe (pictured above) swept the DPJ out of office, wining a two-thirds majority in conjunction with its junior coalition partner, the Buddhist, conservative and generally more pacifist Kōmeitō (公明党). That coalition, which controlled 326 seats in the House of Representatives, the lower house of Japan’s parliament, the Diet (国会), will now control 325 seats after Sunday’s election.

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After its defeat in 2012, the Democratic Party elected Banri Kaieda (海江田 万里) as its new leader, essentially its fourth party head in four years. Kaieda, however, presented as an uninspiring choice for leader and he never seemed to grasp just how much rebuilding would be required in the aftermath of the party’s wipeout. Kaieda lost his own Tokyo constituency on Sunday, and will step down as party leader. But with just 198 candidates contesting the 325 seats elected directly, the DPJ was unprepared to wage a credible campaign to retake the Japanese government. Continue reading Japan is once again an essentially one-party country

Abe calls snap elections in Japan as recession returns

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Barely hours after the news that Japan is entering a recession, with an annualized GDP drop of 7.3% in the second quarter and 1.6% in the third quarter, prime minister Shinzō Abe (安倍 晋三)  has announced snap elections that will be held sometime in mid-December.Japan

Ostensibly, Abe’s rationale is his determination to postpone the next installment of Japan’s consumption tax increase, which jumped from 5% to 8% in April and is set to rise further to 10% in 2015.

But that’s an obvious fig leaf — the consumption tax is the legacy of the opposition government that Abe defeated in his landslide victory in December 2012.

Instead, Abe hopes to maximize his government’s relative popularity and to take advantage of a scattered opposition to win a rapid mandate next month and extend the LDP’s control for another four years instead of waiting to face voters in 2015 or 2016, when the opposition could be stronger and when Abe’s policies might be even less popular. Abe also faces an internal LDP presidential election next year — it will be hard for rivals to attack Abe so soon after a successful election victory.

Ultimately, however, the election is also a referendum on ‘Abenomics,’ the most audacious experiment in neo-Keynesian economic policy today. Continue reading Abe calls snap elections in Japan as recession returns

Who is Yoichi Masuzoe?

yoichiTokyo certainly seems to have a fondness for electing colorful characters as its governors — and its newly elected governor appears like he will be no exception.Japantokyo

Yōichi Masuzoe (舛添 要), who easily won the Tokyo gubernatorial election on Sunday, first became well-known in the 1990s as a television commentator.  In 1998, he wrote a book, When I Put a Diaper on My Mother, which detailed the process of caring for his elderly mother and gave Masuzoe a platform to discuss health and aging in Japan.  That’s particularly relevant for Japan, which has the world’s second-highest median age (44.6, just 0.3 years higher than Italy), and where the population peaked at just over 128 million in 2010 in what demographers believe will be a massive depopulation over the coming decades.

Masuzoe (pictured above) first ran for the Japanese governorship in 1999, though he placed third with just 15.3% of the vote.  Elected to the House of Councillors, the upper house of the Diet (国会), Japan’s parliament, in 2001, Masuzoe rose through the LDP ranks.  He chaired a constitutional panel in 2006 that advocated amending Japan’s Article 9, thereby allowing the Japanese Self-Defese Forces to become a full army.  Shinzō Abe (安倍 晋三), who was then in his first stint as Japan’s prime minister, appointed Masuzoe as Japan’s minister for health, labor and welfare, a position he held between 2007 and 2009, when the LDP suffered its most severe postwar electoral defeat.

He left the LDP in 2010 to form the New Renaissance Party (新党改革) at a time when his national profile seemed to be rising.  But by the time a national election came along in December 2012, the LDP was set to win a landslide victory under Abe and his economic program, popularly dubbed ‘Abenomics.’  Eclipsed by the Japan Restoration Party (日本維新の会), a merger of the two new parties of Tokyo’s governor at the time, Shintaro Ishihara (石原 慎太郎), and Osaka’s young mayor, Tōru Hashimoto (橋下 徹), the New Renaissance Party failed to win a single seat.

Today, the Japan Restoration Party is setting its sights somewhat lower after a disappointing result in the July 2013 elections to the House of Councillors and a series of bad publicity for Hashimoto, who defended the use of ‘comfort women‘ by Japanese soldiers in World War II in May 2013, has called snap elections in Osaka, where he’ll stand for reelection after proposing the merger of Osaka’s city and prefectural governments.

But Masuzoe is today riding high — running as an independent with the support of the LDP and its conservative Buddhist ally, New Kōmeitō (公明党, Shin Kōmeitō), Masuzoe won the election in a near-landslide, garnering more than double the support of his nearest challenger, Kenji Utsunomiya (宇都宮 健児), a Japanese attorney and anti-nuclear activist, and the runner-up in Tokyo’s December 2012 gubernatorial election.   

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In third place was the man who once threatened to knock Masuzoe from his frontrunner perch — Morihiro Hosokawa (細川 護煕), who served as prime minister between August 1993 and April 1994, leading the first non-LDP government since 1955.  Though he resigned over accusations of bribery, and thereupon left politics, the DPJ recruited him for the 2014 Tokyo race.

Though Hosokawa had the formal support of the DPJ and Masuzoe the formal support of the LDP, several top Democratic Party figures backed Masuzoe.  Junichiro Koizumi (小泉 純一郎), the LDP architect of economic reform in the 2000s, backed Hosokawa, in large part due to his anti-nuclear stance.

In contrast to Utsunomiya and Hosokawa, who pledged to limit spending on the 2020 Olympics and opposed a return to nuclear energy, Masuzoe supported return to nuclear energy and now stands a good chance of ushering Tokyo through to the 2020 Olympics with plenty of LDP patronage, though Masuzoe will face reelection in 2018.  Earlier Monday, Abe’s government appeared to push with renewed vigor to restore Japan’s nuclear power capability just three years after the Fukushima nuclear meltdown, and at times, the Tokyo gubernatorial race felt like a showdown between Abe and Koizumi, arguably the two most successful political figures in Japanese history of the past two decades.

The truth is that Tokyo voters weren’t thinking about the contest as a referendum on nuclear power, but competent city governance.  Abe, still basking in the success of his economic program (though that success may be somewhat less impressive than it was half a year ago), was always going to cast a large penumbra in the race.

Moreover, Utsunomiya and Hosokawa split the mostly anti-Masuzoe vote — had they united, they would have stood a strong chance at overtaking him, thereby denting the political invincibility that Abe and the LDP have enjoyed since December 2012.   The fourth-place candidate, Toshio Tamogami, a former general in the Self-Defense Forces, waged a largely nationalist, militaristic campaign, enough to win 12.4% of the vote that might have otherwise gone to Masuzoe.

Masuzoe expressed other odd views during the campaign — he indicated, rather bizarrely, that he didn’t believe women were capable of leading the country, inspiring an equally ‘sex boycott‘ among Tokyo women.

Back in Tokyo, Masuzoe is in good company historically though, given that the Tokyo governorship has attracted some of Japan’s most colorful politicians on the left and the right.

Continue reading Who is Yoichi Masuzoe?

14 potential game-changers for world politics in 2014

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Though I rang in the new year with a list of 14 world elections to watch in the coming year (and 14 more honorable mentions to keep an eye on), I wanted to showcase a few more thoughts about what to watch for in world politics and foreign affairs in 2014.

Accordingly, here are 14 possible game-changers — they’re not predictions per se, but neither are they as far-fetched as they might seem.  No one can say with certainty that they will come to pass in 2014.  Instead, consider these something between rote predictions (e.g., that violence in Iraq is getting worse) and outrageous fat-tail risks (e.g., the impending breakup of the United States).

There’s an old album of small pieces conducted by the late English conductor Sir Thomas Beecham, a delightfully playful album entitled Lollipops that contains some of the old master’s favorite, most lively short pieces.

Think of these as Suffragio‘s 14 world politics lollipops to watch in 2014.

We start in France… Continue reading 14 potential game-changers for world politics in 2014

Japan pushes forward with consumption tax hike

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Earlier this month, Japanese prime minister Shinzō Abe (安倍 晋三) moved forward with plans to increase the top rate of Japan’s consumption tax from 5% to 8%, effective as of April 2014 — and he is expected to allow the rate to rise further to 10% in autumn 2015. Japan

It was the first major policy decision since Abe led his party, the long-dominant Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō) to a landslide victory in the July vote that elected one-half of the seats (121) in the House of Councillors, the upper house of Japan’s parliament, the Diet (国会).  That vote was essentially a referendum on Abe’s big-spending economic stimulus program — widely called ‘Abenomics’ — following Abe’s equally impressive victory in December 2012 in the elections for the House of Representatives, the Diet’s lower house.

It’s notable for three reasons. Continue reading Japan pushes forward with consumption tax hike

Quivering for the fourth arrow of Abenomics (and other Japanese policy matters)

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As widely expected, Japan’s Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō) surged to an overwhelming victory in Sunday’s national elections in Japan to determine half of the seats (121) in the House of Councillors, the upper house of the Diet (国会).  While the victory wasn’t enough to give the LDP a two-thirds supermajority in both houses of the Diet, it was enough to usher in a new era of continuity, with the government of prime minister Shinzō Abe (安倍 晋三) set to consolidate power after winning election in the lower house, the House of Representatives, last December.Japan

The result leaves the LDP, together with its ally, the Buddhist conservative New Kōmeitō (公明党, Shin Kōmeitō) with a majority in the upper house, and that will give the LDP the ability to push through legislation without needing to compromise in the House of Councillors and it makes Abe the strongest Japanese prime minister since Junichiro Koizumi (小泉 純一郎) in the early 2000s and ends a seven-month period of a ‘twisted Diet,’ with control of the upper house still in the hands of the Democratic Party of Japan (DPJ, or 民主党, Minshutō).

But the LDP looked set to fall just below an absolute majority in its own right:

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In contrast, the LDP holds 294 seats in the 480-seat House of Representatives, and together with the 31 seats of New Kōmeitō, holds a two-thirds majority.  That the LDP doesn’t hold an equally impressive advantage in the upper house is due to the fact that only half of the seats in the House of Councillors were up for election yesterday and, among those 121 seats, the LDP’s dominance is clear:

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That also means that the Democratic Party doesn’t face an immediate wipeout, and it will remain the chief opposition party — in fact, their 59 seats in the House of Councillors is actually more than the 57 seats they currently hold in the House of Representatives.  That will give the DPJ a legislative base from which it can attempt to rebuild itself as a political force and to position itself for 2016, when Japan’s next elections are likely to come.  Banri Kaieda, a fiscal hawk who assumed the party’s leadership after its December 2012 defeat, will stay on for now as leader.

But the Democrats weren’t the only losers on Saturday.  It was perhaps an even more difficult election for the Japan Restoration Party (日本維新の会, Nippon Ishin no Kai).  A merger between the two smaller parties of Osaka mayor Tōru Hashimoto (橋下徹) and right-wing, nationalist former Tokyo governor Shintaro Ishihara (石原慎太郎), it emerged with 54 seats in the House of Representatives in December to become as the third-largest party.  But it won just eight seats on Saturday, and the party now seems likely to split up.  That’s largely due to Hashimoto’s awkward comments suggesting U.S. soldiers in Okinawa should be permitted to use prostitutes and controversial comments that largely defended the ‘comfort women’ system, whereby Japanese soldiers forced women in enemy countries to serve as sexual slaves.  But it’s also due to the fact that nationalist tensions stemming from a standoff with the People’s Republic of China over the Senkaku Islands (Diaoyu Islands in Chinese) have calmed somewhat since last December.

One success story was the Japanese Communist Party (JCP, or 日本共産党, Nihon Kyōsan-tō), which won eight seats on Saturday, bringing its total to 11. Founded in 1922, the JCP has not been a strong force in recent years.  Though it has left its Marxist roots in the past, it has gained a modest amount of strength since the 2008 global financial crisis and it supports ending Japan’s military alliance with the United States.

But beyond the horse-race dynamics of Saturday’s result, what can we expect from Japanese policy in the next three years?  Here’s a look at eight key issues that are likely to dominate the LDP’s agenda, at least in the near future.  Continue reading Quivering for the fourth arrow of Abenomics (and other Japanese policy matters)

Will the real Japanese opposition please stand up? (Hint: It’s all about the factions.)

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Four years ago, Japan looked like it had finally moved toward a truly competitive party system after years of virtual one-party rule by the dominant Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō).Japan

But after a landslide LDP victory last December ushered former prime minister Shinzō Abe (安倍 晋三) back into office, the LDP once again controls over two-thirds of the seats in the House of Representatives, the lower house of Japan’s Diet (国会).  After Sunday’s House of Councillors elections, the LDP is overwhelmingly expected to re-take control of the upper house from the Democratic Party of Japan (DPJ, or 民主党, Minshutō), giving Abe a much easier time in implementing policy, likely for the next three years.  The LDP might well even find that it controls over two-thirds of the upper house as well.

Abe (pictured above) swept into power, nearly decimating the DPJ that had governed Japan from 2009 through last December, on a platform of massive monetary and fiscal intervention to boost the Japanese economy in what’s become known as ‘Abenomics.’  With approval ratings over 70%, Abe seems to have succeeded, at least in the short-term, in boosting confidence in his party and his ability to stimulate Japan’s economy after over two decades of deflation and low growth.

Critics fear, however, that if Abe controls a two-thirds majority in the House of Councillors as well, he’ll be in a position to push through amendments to Japan’s constitution, potentially paving the way for a controversial push for a more militarized Japan in the future.

Things are looking decidedly bleak for the Democratic Party.  Although only half of the seats in the House of Councillors are up for reelection, the DPJ’s grasp on power there is extremely narrow — it holds 106 seats to 83 seats for the LDP and 19 seats for the LDP’s more conservative, Buddhist ally, New Kōmeitō (公明党, Shin Kōmeitō).  Moreover, the Democratic Party would have been playing defense in this year’s elections regardless of its dwindling popularity — it will be defending 44 seats and other opposition parties will be defending 26 seats, while the LDP will be defending just 34 seats and New Kōmeitō will be defending just 10.

None of Japan’s other third parties seem capable of breaking through either.  The one party that seemed to have some momentum in December’s elections was the Japan Restoration Party (日本維新の会, Nippon Ishin no Kai), a merger between Osaka mayor Tōru Hashimoto (橋下徹) and right-wing, nationalist former Tokyo governor Shintaro Ishihara (石原慎太郎).  In particular, it was the youthful Hashimoto’s charisma that seemed to propel the party to win 54 seats in the House of Representatives last December, giving it nearly as many seats as the DPJ (which fell back to just 57 seats).  But the party’s fortunes have collapsed over Hashimoto’s comments indicating that U.S. soldiers in Okinawa should be allowed to use prostitutes and that ‘comfort women’ — civilians that Japanese soldiers forced into sexual slavery during World War II — were a necessary evil at the time.

Polls indicate that virtually no party can stop the LDP’s projected sweep — one representative poll earlier this week indicated that the LDP would win 43% and New Kōmeitō would win 8%, while the Democratic Party, the Japan Restoration Party and two other third parties, the liberal reformist Your Party and the Japanese Communist Party would each win just 6%.  That result would essentially thrust Japan back to its norm of one-party rule, leaving the Democratic Party potentially permanently shattered and permitting Abe to push forward with a pro-nuclear energy policy (still controversial after the 2011 Fukushima meltdown) and otherwise implementing a more nationalist Japan.

Or would it? Continue reading Will the real Japanese opposition please stand up? (Hint: It’s all about the factions.)