The constitution revision blitz

Amaki Naoto has a fascinating post considering the national referendum age limit issue.To summarize, the LDP draft passed by the Lower House stipulated that the age limit for voting in a national referendum on constitution revision will be twenty, same as for other elections. The rejected DPJ draft, meanwhile, called for lowering the voting age …

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Japan’s constitution turns sixty

As Japan celebrates Constitution Day, marking the anniversary of the promulgation of the postwar constitution, the Abe Cabinet has renewed its push to revise the constitution — read Article 9 of the constitution — on the heels of bilateral meetings with the US that pointed to a more globally active US-Japan alliance.In Washington, Defense Minister …

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Postponing structural reform

Following on the heels of an announcement last week of a plan to amend Japan's rules separating banks and brokerages, the Abe Cabinet has announced, in connection with its Asia Gateway Initiative, that Japan will revise its customs rules and standards to better comply with international standards and make Japan more competitive regionally and globally.Both …

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Koizumi comparisons continue

Hanaoka Nobuaki, journalist and onetime gubernatorial candidate in Nagano, has an interesting op-ed in today's Sankei Shimbun looking at how Abe has yet to find his "Three Sacred Treasures," the equivalent of the three advisors to Koizumi who helped shape his reform agenda: Shiokawa Masajyuro, his finance minister; Takenaka Heizo, his reform guru; and Iijima …

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Reviewing collective self-defense

While all of political Japan continues to discuss the assassination of Nagasaki Mayor Ito -- which I discussed here -- I am interested in the ongoing preparations for Prime Minister Abe's visit to Washington at the end of the month.Today, the Sankei Shimbun reports, Chief Cabinet Secretary Shiozaki addressed questions about the Cabinet's study group …

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Japan’s own Gramm-Leach-Bliley Act

The Abe Cabinet, in the interest of promoting a more globalized and more competitive Japanese economy, has announced that it will seek to repeal Japan's equivalent to the US New Deal-era Glass-Steagall Act, which was repealed in the US in 1999 with the Gramm-Leach-Bliley Financial Services Modernization Act. (The FT's coverage can be read here.)The …

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