A policy begins when it is announced by its policymakers, but it can be a much trickier matter to judge when a policy ends. Still, we may now say with some degree of confidence that the era of Abenomics is coming to an end. This is not dependent on whether today’s market meltdown in China is just a blip on the screen or the signal for something much more significant.
On July 1, a protest was held near the Diet Building that was jointly organized by the All-Japan League of Student Self-Government (Zengakuren) and the National Coordinating Center of Labor Unions, two organizations of the radical labor movement in Japan.
While hardly a revelation, a recent series of comments from senior Liberal Democratic Party officials has provided an usually clear example of the ruling party’s cynicism in terms of its approach to academic specialists. It began with what might be called the “Own Goal Incident” that occurred on June 8 in the House of Representatives.