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Bloomberg (July 5)

2019/ 07/ 06 by jd in Global News

“If Masayoshi Son won’t invest in Japan, why should you? His $100 billion Vision Fund is noticeably absent on its home turf. That speaks volumes about the health of the country’s startup scene.” Although “Shinzo Abe’s government aims to produce 20 unicorns by 2023. The chances of pulling that off are sobering.” Japan currently only has two “while the U.S. has 179 unicorns, China 93, and India 18.”

 

Wall Street Journal (June 11)

2019/ 06/ 13 by jd in Global News

“Japan is fumbling what looks like its last chance to avoid an unnecessary and economically damaging sales-tax hike.” The LDP came out with “a fresh commitment to increase the tax to 10% from 8% in October.” Since Prime Minister Abe returned “to office in 2012, Japan has recorded its longest period of nominal growth since the country’s asset bubble burst in the early 1990s. Gains in Japan’s Topix stock index beat all large developed markets outside the U.S. over the same period. There is no pressing need to junk that promising record now.”

 

Wall Street Journal (April 4)

2019/ 04/ 05 by jd in Global News

“Japan is joining much of the world in facing weaker economic growth, but in one respect it’s unique. Prime Minister Shinzo Abe seems determined to make it worse by imposing a tax increase later this year.”

 

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.”

 

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