Japanese Prime Minister Shinzo Abe’s economic policy gamble has made headlines around the world, sending Tokyo’s stock market – and public debt – soaring, weakening the yen and attracting foreign investment. ‘Abenomics’ and the government’s efficient PR machine enabled the Liberal Democratic Party (LDP) and its ally, New Komeito, to gain control of both houses of parliament in the July 21, 2013, Upper House election.

<i>This report analyses the political situation in Japan after the Upper House election on July 21, 2013. Together with its smaller coalition partner, Buddhist party New Komeito, Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) will control both houses of ...

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Dr. Stefan Lippert
The result ended the era of the split parliament. Japan finally overcame the political gridlock it had been in following former Prime Minister Junichiro Koizumi’s resignation in 2006
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