Michael Auslin and Derek Scissors provide analysis on Japan’s snap-election results, primarily focusing on how the results impact Prime Minister Abe’s reform agenda.
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Panelists:
Michael Auslin, AEI
Derek Scissors, AEI
Japan, arguably America’s foremost ally in East Asia, has experienced two decades of economic stagnation. Japanese Prime Minister Shinzō Abe took office in December 2012 with an ambitious reform agenda aimed at reversing Japan’s economic decline. Last month, Japan’s economy slid into recession, which has led to a decline in Abe’s approval ratings and cast doubt on the effectiveness of Abenomics.
In an attempt to renew his mandate for economic reform, Abe has called for parliamentary elections on December 14. Can he garner enough political will to implement the necessary structural reforms to jumpstart the Japanese economy?
Japan after the election: Can Abe salvage his reform policies?
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