Japan's LDP cracks up: the best politicians money can buy
Article Abstract:
The Liberal Democratic Party's (LDP) domination of Japanese politics apparently began to come to an end after a no-confidence vote in the Lower House of parliament forced Prime Minister Kiichi Miyazawa to schedule new elections for Jul 18, 1993. These elections are likely to terminate the LDP's 38-year rule. The break-up of the LDP into factions due to Miyazawa's inability to carry out political reform caused the LDP's demise. The new government must accept that basic economic reform to control rampant corruption is required.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Easy odds: expecting a poll victory, LDP checks out partners
Article Abstract:
Japan's Liberal Democratic Party, linchpin of the current ruling coalition, expects an easy victory in elections likely to be held in January, and is considering with whom it will partner next. The expected leading opponents, the New Frontier Party, have collapsed due to NFP leader Ichiro Ozawa's knack for antagonizing those inside his party and his misjudgment of the public reaction to a government bail-out plan for housing-loan companies. The NFP will probably split, with some members joining the new LDP coalition.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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