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The Economist (September 22)

2018/ 09/ 23 by jd in Global News

“Mr Abe may be burning to give Japan a more normal foreign policy, but what it needs most is a more normal economy. His signature policy—Abenomics—is far from complete. The fiscal and monetary expansion, his first two “arrows”, were supposed to buy time for the third and most important one: sweeping structural reforms, leading to enduring growth. The economy should take precedence over constitutional reform… Otherwise, Mr Abe will be remembered less for his long tenure than for wasting it.”

 

The Diplomat (June 19)

2018/ 06/ 21 by jd in Global News

“Comparisons–both fair and unfair–will likely be drawn between this government’s response to the Osaka earthquake and the 3.11 triple disaster or the 1995 Hanshin earthquake to score political points. Abe will be under pressure to centralize command without micromanaging, to foster cooperation at the municipal level without overreaching. Though this natural disaster is not on the scale of either the 3.11 or Hanshin earthquakes, given Abe’s grim political outlook, he cannot afford any misstep under this kind of scrutiny.”

 

The Economist (October 28)

2017/ 10/ 29 by jd in Global News

Unlike Theresa May’s losing gamble, Shinzo Abe’s snap election “paid off handsomely.” The result of the gutsy move was hardly certain. “Rarely has such an unpopular leader won a free and fair election so lopsidedly. Only about one-third of Japanese people approve of Shinzo Abe” while “a whopping 51% disapprove. Yet on October 22nd his Liberal Democratic Party and its coalition partner kept its two-thirds majority in the lower house.” For this unusual outcome, he owes the opposition, which “imploded,” a debt of gratitude.

 

Wall Street Journal (October 22)

2017/ 10/ 24 by jd in Global News

“Japanese Prime Minister Shinzo Abe won his third consecutive landslide victory on Sunday. That doesn’t mean voters are enamored of the man who is on track to become Japan’s longest-serving leader. Local commentators attribute his victory to TINA, short for ‘there is no alternative,’ and they have a point.”

 

Bloomberg (September 27)

2017/ 09/ 28 by jd in Global News

Shinzo Abe is taking a “momentous gamble.” Nothing less than “Japan’s economic future, and his own political legacy” will depend on the outcome of the October election.

 

Time (February 27)

2017/ 02/ 28 by jd in Global News

“President Trump rolled out the red carpet for Japan’s Prime Minister Shinzo Abe on Feb. 10 for three days of lavish praise, elaborate dinners, lots of golf and a ride on Air Force One…. Compare that with what’s beginning to look like an awkward Trump relationship with Britain and it’s easy to see that the U.S. and Japan have the new ‘special relationship.’”

 

Institutional Investor (September 12)

2016/ 09/ 13 by jd in Global News

“Weak markets and worries about growth are putting pressure on fund managers across Asia. Chinese stocks barely began recovering from the summer 2015 meltdown before taking another hit earlier this year, while investors in Japan turned bearish on Prime Minister Shinzo Abe’s economic policies as growth slowed.”

 

New York Times (May 17)

2016/ 05/ 19 by jd in Global News

“Japan’s economy, the world’s third largest, expanded at the fastest pace in a year during the first quarter on stronger private consumption and exports, complicating Prime Minister Shinzo Abe’s decision on whether or not to delay a planned sales tax increase next year.”

 

Bloomberg (April 11)

2016/ 04/ 12 by jd in Global News

“For global equity investors and Shinzo Abe, it’s splitsville.” For 13 straight weeks during 2016, “foreign traders have been pulling out of Tokyo’s stock market.” They’ve dumped “$46 billion of shares as economic reports deteriorated, stimulus from the Bank of Japan backfired and the yen’s surge pressured exporters. The benchmark Topix index is down 18 percent in 2016, the world’s steepest declines behind Italy.”

 

Wall Street Journal (February 15)

2016/ 02/ 17 by jd in Global News

“Three years since Mr. Abe took power pledging to end two decades of falling prices and wages, followed by the launch of a massive monetary easing program by the Bank of Japan, headline inflation is still languishing around zero, real wages are falling and the economy has yet to achieve consistent growth.”

 

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