Japan’s next prime minister will have more than enough time in office to introduce and implement an economic policy agenda of his choice. But while he has called for a move away from “neoliberalism,” it remains to be seen how far he will go in pursuing a new vision of capitalism.
TOKYO – On October 4, Fumio Kishida became Japan’s 100th prime minister, succeeding Yoshihide Suga, who held the office for only a year. Kishida secured the top job by prevailing in the four-person race to lead the Liberal Democratic Party. On October 31, he and the LDP will face a national election for the House of Representatives, the lower but more powerful chamber of the Japanese Diet.
TOKYO – On October 4, Fumio Kishida became Japan’s 100th prime minister, succeeding Yoshihide Suga, who held the office for only a year. Kishida secured the top job by prevailing in the four-person race to lead the Liberal Democratic Party. On October 31, he and the LDP will face a national election for the House of Representatives, the lower but more powerful chamber of the Japanese Diet.