Changing of the guard
Article Abstract:
Tomiichi Murayama's departure leaves Japan with a new prime minister, Ryutaro Hashimoto, who leads the Liberal Democratic Party rather than the Socialists, but significant changes are unlikely. Those two parties, with the Sakigake Party, have ruled in coalition since 1993, despite their past opposition. A new election is unlikely until the middle of 1996, but if the Socialists and Sakigake cannot shore up their ratings, it will be a fight between two conservative parties: the LDP and Shinshinto, under a new leader.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Back to the future
Article Abstract:
The decision by Japanese voters to re-elect prime minister Ryutaro Hashimoto and his Liberal Democratic Party was clearly prompted by a desire for stability. The Party gained 239 of the 500 seats in the lower house, compared to its previous 211, while the opposition New Frontier Party lose four of its previous 160 seats. However, this is likely to be a period of considerable change in Japanese politics, and the Liberal Democratic Party will have to prove itself in government if it is not to lose the next election.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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The vision thing
Article Abstract:
Ryutaro Hashimoto is likely to continue as Japan's prime minister after elections in Oct 1996. This will be the first election in Japan since 1993, and the Liberal Democratic Party (LDP) is likely to win more than 200 seats of a total of 500. Hashimoto has a direct approach which is well-received in the US but is seen as nationalist in Asia. The Japanese economy appears to be recovering with 3% growth forecast for 1996 and unemployment at 3.5%. This should favor Hashimoto's election chances.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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