The ruling Democratic Party of Japan (DPJ) will follow the peaceful path that the country has traveled since World War II, in contrast to the more hawkish and aggressive stance taken by the opposing Liberal Democratic Party (LDP). This was the scenario painted by Prime Minister Yoshihiko Noda as he presented the party’s manifesto for the upcoming snap elections on December 16.
Noda has clashed with LDP leader Shinzo Abe, who became Prime Minister in 2006 only to step down from office after a year, over critical policies of sovereignty, economy, and energy. Abe garnered much support after promises to take a stronger stance on Beijing and bigger economic reforms. According to Noda, Abe’s proposal to station Japanese personnel on a group of islands disputed by Japan, China, and Taiwan could escalate matters further. Abe also called for revising laws governing the Bank of Japan, forcing it to agree with the government on a 2 percent inflation target instead of its own 1 percent goal, drawing criticism that it would threaten the central bank’s independence. Abe has also advocated more discussion before deciding whether or not to completely eliminate nuclear energy in the country, while Noda has promised to accomplish by 2030.
Analysts wonder if this will be enough to keep Noda in position. The DPJ rose to power in 2009 after nearly half a century of rule by the LDP, which has been accused of favoring bureaucracy and big businesses. But while the DPJ has promised political changes and claimed to be the voice of reason, it has seemingly failed in proving it is capable of leadership, with more voters now expressing support for the LDP.
Comments Off on JDP Startup Corner: Pros & Cons of Working with a Partner in Japan