Aso Taro has returned from his meeting with Barack Obama, the first such meeting between Obama and a foreign leader at the White House, as the Japanese media has repeatedly emphasized. The LDP website invokes this phrase like a mantra in its summary of the prime minister's visit, as if citing the name of the …
Category: Observing Japan Blog
Japan loves risk (Noah Smith)
In the past year, Japan's exports fell 45.7%. Exports to all regions were hit - down 52% to America, 45% to China, and 46.7% to Asia as a whole. Japan's mighty national champions, its automakers, have been hit the worst: Toyota's exports are off 56.2%, Honda's 46.3%, Nissan's 62.1%.That's absolutely stunning. It is catastrophic. Words …
What is Ozawa’s angle?
Ozawa Ichiro, a week after his meeting with Secretary of State Hillary Clinton, has focused attention once again on the DPJ's approach to the US-Japan alliance, a day after two prominent DPJ members gave their own perspectives on the future of the alliance (mentioned in this post).Speaking with reporters Wednesday, Ozawa indicated that under a …
The birth of the post-1996 alliance
Prime Minister Aso Taro has arrived in Washington in advance of his meeting with President Barack Obama Tuesday.Despite Obama's welcoming Aso as the first foreign leader to meet with him in Washington, and despite Secretary of State Hillary Clinton's visit to Tokyo last week, the Japanese establishment continues to fret about the new administration's approach …
Aso’s missed opportunity
As Aso Taro's poll numbers continue to plummet — in addition to reaching 11% approval in the Mainichi and Sankei Shimbun polls, his disapproval rating in the Sankei poll is at 80.2% — and as the likelihood of an LDP defeat in this year's general election rises, it is worth asking whether there was anything …
Anything goes
As Prime Minister Aso Taro prepares to travel to Washington to meet with President Barack Obama, he leaves behind a political situation that is nothing short of chaos.Asahi has published a snap poll that found that 71% of respondents — and 76% of self-described independents among the respondents — believe that Aso should resign immediately, …
How can Japan be saved?
With the sudden departure of Nakagawa Shoichi from twin posts of finance minister and state minister responsible for the financial services agency (FSA), Yosano Kaoru has been elevated from state minister for economic and fiscal policy and now holds all three positions simultaneously, making him, to borrow a term from American politics, the Aso government's …
Shop for Japan? (Noah Smith)
It has often been said, by this writer and others that Japan needs to "raise domestic consumption" in light of the current economic crisis. In actuality, this is a murky concept. There are a number of different reasons for this, and a number of ways it can be done.Reason 1: Correcting international imbalances. "Surplus" countries …
Aso follows Mori’s path
"President Bush will welcome Prime Minister Yoshiro Mori to Washington for a working visit March 19. In addition to their important shared security objectives in the Asia-Pacific region, the United States and Japan have common interests on a broad range of global issues. The President looks forward to exchanging views with Prime Minister Mori on …
The long and short of it (Noah Smith)
Gerald Curtis's article in the Financial Times deserves a response from me as well. The short version of my response is that I agree with Tobias: the fact that the DPJ will not be able to avert a depression is not sufficient reason to write them off.The longer version is this: Curtis is right when …
Tobias S. Harris 