One of the major reasons for Prime Minister Shinzo Abe’s reelection last December, apart from a weakened and divided opposition, was the stability of economic policy. With a weakened yen, a stock index that is surging, and long-awaited inflation instead of deflation, Abe has been able to claim several successes.
The script has all the right drama: Two former Japanese prime ministers, deeply disappointed by their bungling successors, rise from comfortable retirement to do political battle once more. And, yes, there is good cause too.
For almost a year now after his thumping victory in December 2012 we have found ourselves surprised again and again by Shinzo Abe. We have asserted repeatedly that the Abe that we were witnessing was not the “real” Abe, and that the agenda he was pursuing was based on a tactical calculation about what was necessary to maintain public support, but not a reflection of his basic character.
As anyone who studies Japanese political history of the 1930s can attest, the rightwing forces in this nation can be a fractious lot. Once the spirit of nationalism rages, any sort of moderate, compromising behavior can be denounced as treason. Shinzo Abe came to power as a spokesman for the hard right, but after ten months of reasonably cautious behavior, a good chunk of this movement is ready to turn against him.
“Joining the Trans-Pacific Partnership negotiations is a far-sighted policy,” declared Prime Minister Shinzo Abe to his Cabinet and journalists on Friday, “Japan should play a leading role toward a year-end deal.” The prime minister may be exactly right, but the fact is that very few independent observers have any firm basis for making a judgment. Not only are the TPP talks highly complex, they are also secret and moving very quickly.
The fact that the Liberal Democratic Party avenged its defeat of four years ago and recaptured power in the Tokyo Metropolitan Assembly was virtually a given in light of the Abe administration’s sky-high popularity and general momentum in the first half of 2013. But there were some notable subplots that revealed truths about the opposition parties, giving us a window into what to expect in next month’s House of Councillors elections.
“We Want to Go Fishing!” was the slogan of a rally organized by the National Federation of Fisheries Cooperative Associations (JF Zengyoren) in Tokyo on May 29. As the yen falls, so the price of fuel is soaring and reaching a level that some fishermen say they can no longer endure.
“Even though we are involved in the dialogue and policymaking process, we are rather excluded when it comes to implementation.” This was an observation made to the SNA by an NGO insider when speaking of the recent Tokyo International Conference on African Development (TICAD V) held in Yokohama from June 1 to June 3.