In Japan, everything old is new again; Hashimoto's promise of reform may vanish in a cabinet of cliques
Article Abstract:
Political infighting in the Liberal Democratic Party (LDP) of Prime Minister Ryutaro Hashimoto is seen to continue as it formally took over the reins of the government on Nov. 7, 1996 for the first time since 1993. The party's four main factions dominate Hashimoto's new cabinet, as most of the 20 cabinet posts have been divided among them. The new cabinet is widely seen as a return to the 1955 system, when the LDP began its reign in the country's political scene and is not expected to deal earnestly with national problems.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Ruling party seems safe in Japan as election nears
Article Abstract:
Japan's odd political environment seems to be ensuring a majority win for Japanese Prime Minister and his Liberal Democratic Party (LDP) in both houses of the Diet in the country's July 12, 1998 elections, despite Japan's economic crisis. However, various critics charge that an LDP win may make the party even more reluctant to espouse reforms including Hashimoto's vowed stopping of Japan's enormous problem in bad loans.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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