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The Chronic Trend of Minority Ruling Parties and Multi-Party Coalitions in Japan Is Due to the "Inflation tax." the Weak Yen Was a Factor.
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The current situation in Japan, where the dominance of the Liberal Democratic Party has faltered and multiple parties, including the Constitutional Democratic Party, Japan Restoration Party, Democratic Party for the People, Komeito, and the Party for the People, have come to hold a significant number of seats in parliament, is described by Mizuho Bank Chief Market Economist Daisuke Karakama as the "Europeanization of Japan." The reason for this …
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