With the end of Fukui Toshihiko's term as BOJ president rapidly approaching, there are signs that the LDP and the DPJ might be able to come to terms on the nomination of his successor.Messrs. Oshima and Yamaoka, Diet strategists for the LDP and DPJ respectively, met once more on Thursday and agreed that a vacancy …
Year: 2008
Will Fukuda last?
Many analysts of Japanese politics assumed at the inception of the Fukuda cabinet that his was little more than a caretaker government.Now more than 100 days into the Fukuda administration, it remains difficult to say whether that assessment will turn out to be accurate. If the caretaker's job is to stabilize the ruling party and …
Why a realignment is inevitable
Janne Morén's recent post on institutional loyalty (thanks for the reminder, MTC) provides an excellent argument for why to anticipate a new political realignment in the near future.He writes:If we return to politics, the situation shares some similarities and there is a clear possibility of a similar dissolution of loyalty between lawmakers and their parties. …
Bank chaos
The fight between the LDP-Komeito governing coalition and the DPJ over the leadership of the Bank of Japan shows no sign of abating.On Wednesday, of course, the DPJ-led House of Councillors formally rejected the government's nomination of Muto Toshiro to be the new president of the BOJ. The government has resubmitted Mr. Muto's nomination in …
Watering down administrative reform
It appears that the administrative reform package desired by Watanabe Yoshimi, minister responsible for administrate reform, will be watered down as expected. Given the reception Mr. Watanabe's proposals received in the cabinet, I can't say that I'm surprised.According to Mainichi, the powers of the Cabinet Personnel Agency, the central feature of Mr. Watanabe's plan, will …
Irony watch
I couldn't resist linking to this item at Foreign Policy's Passport, which notes that Australia's navy is struggling for recruits.Why?It can't compete with Western Australian mining companies that are expanding operations to take advantage of growing Chinese demand (and accordingly, rising prices) for commodities.This may be the single best illustration of why the simplistic, "arc …
Ishiba remains the scourge of the bureaucrats
With the fight over the nomination of Muto Toshiro taking center stage, opposition calls for Defense Minister Ishiba Shigeru to resign due to the Atago incident appear to have receded, leaving Mr. Ishiba to proceed with his efforts to clean up the Defense Ministry.The latest piece of that effort is his project team to "promote …
Continue reading Ishiba remains the scourge of the bureaucrats
Radical decentralization
Aso Taro, looking hungrily to his next bid for the LDP presidency, has continued his campaign to remake his image with an article in Voice in which he discusses the need for a radical reorganization of how Japan is governed, including both a consolidation of prefectures into larger "states" and a transfer of authority, including …
My latest in FEER
Subscribers to the Far Eastern Economic Review can read my latest contribution — on the future of the LDP — here.
The pride of the conservatives
If Nakagawa Shoichi, leading conservative, has a virtue, it is his refreshing candor. Back when he was serving as head of the LDP's Policy Affairs Research Council under Mr. Abe, I suggested that Mr. Nakagawa was Mr. Abe's id, saying things that would be improper for the prime minister to say himself.Appearing on Fuji Television's …