[ad_1]
-He didn’t go up to number two
-The era of the whole country in the spring and autumn of the candidate for governor of the PLD
-Relations between Korea and Japan distorted by claim rights between Korea and Japan
-‘Touch ‘if it will be a turning point for improvement
-Captain Abenomics is also expelled
-Next year’s Tokyo Olympics ‘Hwang Shin’
The Japanese government fell into confusion on the 28th when Prime Minister Shinzo Abe announced his resignation. At this time, the ruling Liberal Democratic Party must elect a new prime minister after eight years. The new cabinet faces the task of stabilizing the Corona 19 crisis and domestic politics at the same time. In addition, it is necessary to decide on the modification of the constitution and the continued promotion of ‘benomics’. The relationship between Korea and Japan is also expected to change.
Japanese Prime Minister Shinzo Abe leaves the press conference at the Prime Minister’s residence after expressing his gratitude on the 28th. Shinhwa Yonhap News |
■ The end of the long-term regime … Competition for power in 8 years
When Prime Minister Abe, who had more than a year left as governor of the Liberal Democratic Party, announced his resignation, Japanese politics were shocked. Prime Minister Abe said he would carry out his duties until a successor is decided, but the fact that the head of the administration, who has served for seven years and eight months in a row, is replaced amplifies the uncertainty. On the 28th, when the news of Prime Minister Abe’s resignation was announced, the Nikkei Stock Exchange of the Nikkei Stock Exchange fell 2.65% during the day, which appears to have been influenced by these concerns.
Fumio Kishida, chairman of the Liberal Democratic Party, who dreamed of ‘post-Abe’, responded by saying: “Giving a word of respect and gratitude (to Prime Minister Abe) is a priority.” Chief Cabinet Secretary Yoshihide Suga, who received attention for his ability to handle the crisis, told Liberal Democratic Party chief Toshihiro Nikai of his intention to run for governor’s election, Kyodo news agency reported on the 30th. He is expected to form an important candidate alongside Liberal Democratic Party chairman Fumio Kishida, who has been waiting for an official successor to Prime Minister Abe, and former Liberal Democratic Party secretary Shigeru Ishiba, who has openly confronted the prime minister. Abe.
In the Hosoda faction, the largest faction to which Prime Minister Abe belongs, Hakubun Shimomura, head of Electoral Countermeasures Headquarters, and Secretary Tomomi Inada are running for office. The Yomiuri Shimbun said: “There are also voices that hope Prime Minister Abe will point to his successor.”
It should be noted that the term of the new governor in office is until September next year, the remaining term of Prime Minister Abe. It’s hard to say that no matter who becomes governor, they have secured a stable base. In order for the next Japanese prime minister to stabilize his power, he must be re-elected in the upcoming September elections for governor or dissolve the National Assembly and confirm voters’ confidence in the elections.
From the left, Suga, Ishiba and Kishida |
The fate of ‘benomics without Abe’
The ‘abenomy’ promoted by Prime Minister Abe is a key economic policy to save the economy that has entered a long-term recession. Abenomics’ goal of breaking through the ’20 lost years’ with bold fiscal and financial relaxation and growth strategies is to boost the economy by increasing the supply of liquidity through the central bank.
Prime Minister Abe told a news conference in which he resigned that Abenomics had created more than 4 million jobs. Real gross domestic product (GDP), which was approximately 498 trillion yen (converted annually) in the fourth quarter of 2012, increased to approximately 539 trillion (converted annually) from the third quarter of last year. As of the second quarter of this year, it is expected to reach 485 trillion yen, less than the 2012 level due to the impact of Corona 19.
It is also being pointed out that Abenomics will be a burden on the Japanese economy in the future. The main secondary effect is the deterioration of financial soundness. The spending budget, which has continued to expand, exceeded 160 trillion yen in the case of fiscal year 2020, including the cost of economic countermeasures under Corona 19. The balance of the government bond issue is expected to increase by 26.8%, from 932 trillion yen in 2012 to 1.182 trillion yen by the end of this year, and the debt in Narat, calculated as a proportion of GDP, is expected to increase from 180% to 207%.
It is unclear whether the next cabinet will take over the constitutional amendment, which Prime Minister Abe has seen as his job for life. It is difficult to meet the requirements for a constitutional amendment, which requires more than two-thirds of the members of the Middle and High Council to agree to propose a constitutional amendment, and a majority of votes in the referendum.
■ Korea-Japan relations and the Tokyo Olympics?
While the Abe regime led a hard-line policy towards Korea, there are also voices that hope for a change in relations between Korea and Japan. On the other hand, there is an analysis that the possibility of change will occur if the prime minister changes because the opinions of the two countries on the claim agreement between Korea and Japan concluded in 1965 are different.
The Tokyo Olympics and Paralympics, which have been postponed for a year until July next year, are also flexible. The Mainichi newspaper reported that a sense of crisis was being detected because the ‘yellow light’ (edge light) was on. This means that the Japanese government’s momentum will weaken if Prime Minister Abe, who tried to make the Tokyo Olympics the greatest political “ legacy ”, resigns. Yunhap news