US Edition‘Mixed Bag’: How Japan’s PM-in-Waiting May Fuel Growth, Defence – and Debt
Sanae Takaichi aims to continue Abenomics and increase defense spending while addressing Japan’s economic crisis and nationalist challenges, LDP sources say.
- Japan’s Liberal Democratic Party has chosen Sanae Takaichi to lead the party, positioning her to become the country’s next prime minister amid ongoing political and economic difficulties.
- Takaichi's rise follows Shigeru Ishiba's resignation after electoral losses and came amid the LDP's loss of voters to new populist right-wing parties.
- She plans to continue Abenomics' expansionary fiscal policies, pursue constitutional revision to strengthen national defense, and foster deeper cooperation within the Quad alliance.
- Japan's national debt-to-GDP ratio exceeds 260%, defense budget is about 1.8% of GDP, and Takaichi inherits a pending US$550 billion trade deal with the United States.
- Her leadership will test the LDP's adaptation strategy while facing a divided Diet, a frustrated electorate, and regional geopolitical tensions exacerbated by her nationalist stances.
12 Articles
12 Articles
‘Mixed bag’: how Japan’s PM-in-waiting may fuel growth, defence – and debt
With Sanae Takaichi poised to become Japan’s first female prime minister, economists warn her policies may have “mixed” results: expansionary measures that spur growth but exacerbate fiscal strain, and coalition partners who temper a more hawkish stance on China amid a push for higher military spending. The 64-year-old conservative was elected leader of Japan’s Liberal Democratic Party (LDP) on Saturday, paving the way for her to become the next…
Takaichi Adviser Says October Too Early for BOJ Rate Hike
A move by the Bank of Japan to raise interest rates this month would likely come too soon after the formation of Sanae Takaichi’s administration and would be better timed in December, according to one of her closest economic advisers.
Japan to Elect Its Own Margaret Thatcher
Japan is currently suffering from a severe economic crisis. High unemployment, high inflation, and low wages plague Japan’s once sterling economy. According to the Liberal Democratic Party, the cure is […] The post Japan to Elect Its Own Margaret Thatcher appeared first on The Western Journal.
Sanae Takaichi has won the men's race for the leader of Japan's ruling Liberal Democratic Party (LDP), and is on her way to becoming Japan's first female prime minister, Reuters reported.
Coverage Details
Bias Distribution
- 43% of the sources lean Left
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