Friction in the ranks: political fallout of stockmarket slide is uncertain
Article Abstract:
Leaders of the ruling Liberal Democratic Party (LDP) predict a loss of 15 to 20 seats in the Jul 1992 elections, but believe that it will not be due to the stockmarket crash. Public approval of Kiichi Miyazawa and the LDP had fallen to 22% even before the crash, which had minimally affected ordinary citizens. Unemployment is negligible at 2%, wage increases have averaged 4.9%, and gross national product is flat in the 1st qtr of 1992. However, a further downslide in the stockmarket will push corporations into bankruptcies, and cause ordinary citizens to feel the effects of recession.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Starting over: minority leader seeks to redraw political map
Article Abstract:
Japanese politician Satsuki Eda has formed Sirius, a policy study group, to bring about political reform in Japan. Eda wants to establish a party which is capable of successfully competing against the long established ruling Liberal Democratic Party (LDP). The founding members of Sirius include two members of the tiny Social Democratic Federation party to which Eda belongs, four members of the Rengo Sangiin group and 21 members of the Social Democratic Party of Japan (SDJP).
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Without issues: new socialist leader unlikely to reform party
Article Abstract:
Social Democratic Party of Japan (SDPJ) Chmn Sadao Yamahana is widely seen as incapable of reversing the political decline of the country'slargest opposition party. The SDPJ had been significantly affected by its members' involvement in political scandals and allegations of collusion with ruling party leaders. Yamahana, who is supported by the party's Leninist Tsukuru-kai faction, is expected to merely continue with the SDPJ's previous policies.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Wal-mart sales top forecasts. StoraEnso profit falls short of estimate; Nordic paper producer is hit by Asian crisis
- Abstracts: Scandal tactics. Into the unknown: all political bets are off after Kanemaru arrest
- Abstracts: Keep it in the clan. On the same side. All in the family: despite new faces, clan politics still dominates
- Abstracts: Floating voters: political balance threatened by Muslim immigrants. Centre of attention: government musters resources against Kelantan
- Abstracts: Turn of the screw. The next generation: Chinese leadership takes a conservative turn. Mortal state