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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

Japan pushes forward with consumption tax hike

asoabe

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

Twelve considerations upon the DPJ wipeout in Japan’s legislative elections

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Well, that was quite a blowout.  Just a little more than three years after winning power for the first time in Japan, the Democratic Party of Japan (DPJ, or 民主党, Minshutō) was reduced to just 57 seats in a stunning rebuke in Sunday’s Japanese parliamentary elections.

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Shinzō Abe (安倍 晋三), former prime minister from 2006 to 2007, will return as prime minister of Japan, and the  Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō), which controlled the House of Representatives, the lower house of Japan’s parliament, the Diet, for 54 years until the DPJ’s win in 2009, has seen its best election result since the early 1990s, with 294 seats.  Among the 300 seats determined in direct local constituency votes, the LDP won fully 237 to just 27 for the DPJ.  An additional 180 seats were determined by a proportional representation block-voting system, and the LDP won that vote as well:

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In contrast, the DPJ has fallen from 230 seats to 57 seats — by the far the worst result since it was created nearly two decades ago.  Its previous worst result was after the 2005 elections, when the popular reformist LDP prime minister Junichiro Koizumi (小泉 純一郎) won an overwhelming victory in his quest for a mandate to reorganize and privatize the bloated Japanese post office (a large public-sector behemoth that served as Japan’s largest employer and largest savings bank).

Outgoing prime minister Yoshihiko Noda (野田 佳彦) has already resigned as the DPJ leader, and a new leader is expected to be selected before the new government appears set to take office on December 26.

The result leaves Abe with the largest LDP majority in over two decades — together with its ally, the Buddhist, conservative New Kōmeitō (公明党, Shin Kōmeitō), led by Natsuo Yamaguchi (山口 那津男), which increased its number of seats by 10 to 31, Abe will command over two-thirds of the House of Representatives, thereby allowing him to push through legislation, notwithstanding the veto of the Diet’s upper chamber, the House of Councillors.

It’s a sea change for Japan’s government, and we’ll all be watching the consequences of Sunday’s election for weeks, months and probably years to come.  Just a full working day after the election, events in Japan’s politics are moving at breakneck speed.

For now, however, here are 12 of the top takeaway points from Sunday’s election: Continue reading Twelve considerations upon the DPJ wipeout in Japan’s legislative elections

Japan heads to snap elections on December 16

Sooner than expected, Japan is headed to the polls: prime minister Yoshihiko Noda (pictured above) announced today that he will dissolve Japan’s lower house of parliament, the Diet, on Friday, clearing the way for snap elections on December 16.

It seems very likely that the Liberal Democratic Party of Japan (LDP, or 自由民主党, Jiyū-Minshutō), which controlled the Diet from 1955 to 2009, will return to power, and former Japanese prime minister Shinzō Abe (安倍 晋三), who served exactly one year as prime minister from 2006 to 2007, seems likely to return for a rare second stint leading Japan’s government following his selection as the LDP’s leader in late September.

Noda said the dissolution will be contingent on the LDP’s support for a package of measures to issue deficit-covering bonds this week, but the LDP seemed likely to support that package in any event.

The election will affect at least a half-dozen key policy issues, including relations with China, Japan’s pacifist constitution, a controversial sales tax increase set to go into effect in 2014, the Trans-Pacific Partnership agreement with other Asian countries and the United States, the future role of nuclear energy and fiscal policy in a country that’s seen low GDP growth since the 1980s.

Noda’s announcement was so striking because he needed to call an election only before August 2013, but currently, a record-high 64% of Japanese voters disapprove of his government, with just 18% approving.

Since the Democratic Party of Japan (DPJ, or 民主党, Minshutō) took control of Japan’s parliament after the 2009 elections, things haven’t gone so well for them — the party has gone through three different prime ministers in three years. Continue reading Japan heads to snap elections on December 16