Even as the Japanese people confronted slow growth and considered whether the longstanding institutions of Japanese capitalism would be able to guarantee prosperity in the future, they faced the prospect of an aging, shrinking population and worried about the stability of Japan's social security system. As baby boomers retire, Japanese society, like other developed societies, …
Continue reading The Japanese public’s enduring anxiety about social security
In my last post I discussed public opinion regarding fiscal stimulus, fiscal reconstruction, and the role of the state. In this post, I'll look at public opinion concerning the behavior of Japanese companies, labor market practices, and the role of the government in promoting microeconomic or supply-side changes in the Japanese economy as a means …
Continue reading The Japanese public weighs structural reform
It increasingly seems that if Abe Shinzō is going to remain in office, he will need to retain the approval of the Japanese public, and that if he is going to retain the approval of the Japanese public, the Japanese public will need to reap some of the benefits from the purported revival of economic …
Continue reading Fiscal policy in the eyes of the Japanese public
Another day, another round of statistics to parse in an attempt to determine whether or not Abenomics is working. The latest are Japan's trade figures, which found that Japanese exports in May yielded 10% more than in May 2012, although the volume of exports fell for the twelfth straight month. The spike in export earnings, …
The most remarkable contrast between Abe Shinzō's tumultuous first term as prime minister in 2006-2007 and his current term is the degree to which Abe has been able to rely on significant public support. By this time in his first government — approximately five-and-a-half months after his inauguration — Abe's disapproval rating had surpassed his …
Continue reading How long will the Japanese people support Abe (and Abenomics)?
Jeffrey Bader, former senior director for Asia at the National Security Council earlier in the Obama administration, has drawn attention for remarks criticizing comments made by Abe Shinzō and other Japanese leaders about Japan's wartime past. As Kyodo reports:Bader...also warned the U.S. government could be more "vocal" if Japan reviewed past statements in which the …
Joseph Stiglitz has a piece at the New York Times praising Abenomics as "a huge step in the right direction." At the same time, however, he also argues that Japan's malaise was never as bad as the popular narrative suggested. In fact, Japan, Stiglitz writes, should be viewed as a model for the United States as …
Last week, the Sankei Shimbun reported that, in the face of mounting public opposition, the LDP would in fact not put revising Article 96 of the constitution at the heart of its upper house campaign strategy. (Naturally, the next day Sankei published an editorial arguing that the LDP should make revising Article 96 central to the campaign …
Continue reading Is constitution revision actually possible?
Prime Minister Abe Shinzō Abe spoke with Jonathan Tepperman, managing editor of Foreign Affairs this month in an interview published under the heading "Japan Is Back."The interview is fairly comprehensive, discussing Abenomics and Japan's economic problems, history issues, territorial disputes, the constitution, and security policy. Tepperman was not shy about confronting Abe, especially when it comes to …
Harvard's Alastair Iain Johnston has a must-read article in the Spring issue of International Security in which he dissects the spread of a meme of China's "new assertiveness" spread among policy analysts, the media, and scholars in the US in 2010. (Available for free as a pdf, at least for the time being.)As Paul Pillar notes, …
